Ira G. Kawaller, Ph.D., the Kawaller Fund and Kawaller and Co. Before founding these organizations, Dr. Kawaller held positions with the Chicago Mercantile Exchange, J. Aron & Company, AT&T, and the Board of Governors of the Federal Reserve System. He received a Ph.D. in economics from Purdue University and has held adjunct professorships at Columbia University and Polytechnic University. He serves on the Governmental Accounting Standards Board's Task Force on Derivatives and Hedging.