The money and capital markets, along with the financial system that supports and surounds them, are an exciting area for study. What happens daily in these markets and within the financial system as a whole has a powerful impact on our daily lives. Indeed, our ability to function as human beings and as professionals in our chosen careers is shaped, in so many ways, by the functioning of the financial system. Moreover, the money and capital markets and the financial system in which they do their work are constantly in a state of flux. Broad changes are forever remaking the financial marketplace as new institutions, new institutions, new methods, new problems, and new services continually appear.