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His book "Derivatives: A Comprehensive Resource for Futures, Interest Rate Swaps and Mortgage Securities," are among the most assigned books on the subject in many universities.
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But it would be unfair to call Pittard's book derivative.
His first book, "Good Derivatives: A Story of Financial and Environmental Innovation", was published in February 2012.
And his latest prediction — to which he attaches a 25percentt probability — is that Ireland will default, and that Anglo Irish Bank, the recently nationalized bank that has become a reviled symbol of rampant lending and corruption, has not only underestimated its loan losses, but has a swelling book of derivatives contracts gone bad.
When I set out to write a history of the futures business, to explain in a book where derivatives came from, I heard his name often.
At Morgan Stanley, for example, trades going back to the 1990's represent less than 1percentt of the bank's book of derivatives that trade off exchanges, a person familiar with the matter said.
"It was so outrageous the way these deals were being put together," said Ms. Tavakoli, a consultant and author of several books on derivatives and structured finance.
Becky Quick asks on behalf of a shareholder about Berkshire's book of derivative investments "Who will managed these weapons of mass destruction after you're gone?" she asks, adding that people don't don't want a situation like the American International Group after the ouster of its longtime chief executive.
I talked about it in my 1999 credit derivatives book and this book on CDOs.
When my book on credit derivatives was first published in 1998, risks in credit derivatives were like sex in Victorian England.
It has 200 people working on the derivatives book alone.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com