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Jumat, 20 Agustus 2010

Download PDF Global Derivative Debacles: From Theory to Malpractice (Second Edition)

Download PDF Global Derivative Debacles: From Theory to Malpractice (Second Edition)

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Global Derivative Debacles: From Theory to Malpractice (Second Edition)

Global Derivative Debacles: From Theory to Malpractice (Second Edition)


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Global Derivative Debacles: From Theory to Malpractice (Second Edition)

From the Inside Flap

This book analyzes in depth all major derivatives debacles of the last half century including the multi-billion losses and/or bankruptcy of Metallgesellschaft (1994), Barings Bank (1995), Long Term Capital Management (1998), Amaranth (2006), Socit Gnrale (2008), AIG (2008) and JP Morgan-Chase (2012). It unlocks the secrets of derivatives by telling the stories of institutions which played in the derivative market and lost big. For some of these unfortunate organizations it was daring but flawed financial engineering which brought them havoc. For others it was unbridled speculation perpetrated by rogue traders whose unchecked fraud brought their house down. Should derivatives be feared "as financial weapons of mass destruction" or hailed as financial innovations which through efficient risk transfer are truly adding to the Wealth of Nations? By presenting a factual analysis of how the malpractice of derivatives played havoc with derivative end-user and dealer institutions, a case is made for vigilance not only to market and counter-party risk but also operational risk in their use for risk management and proprietary trading. Clear and recurring lessons across the different stories in this volume call not only for a tighter but also "smarter" control system of derivatives trading and should be of immediate interest to financial managers, bankers, traders, auditors and regulators who are directly or indirectly exposed to financial derivatives. The book groups cases by derivative category, starting with the simplest and building up to the most complex namely, Forwards, Futures, Options and Swaps in that order, with applications in commodities, foreign exchange, stock indices and interest rates. Each chapter deals with one derivative debacle, providing a rigorous and comprehensive but non-technical elucidation of what happened.

Read more

Product details

Paperback: 368 pages

Publisher: World Scientific Pub Co Inc; 2 edition (July 10, 2015)

Language: English

ISBN-10: 9814699896

ISBN-13: 978-9814699891

Product Dimensions:

6 x 0.8 x 8.9 inches

Shipping Weight: 14.4 ounces (View shipping rates and policies)

Average Customer Review:

4.0 out of 5 stars

2 customer reviews

Amazon Best Sellers Rank:

#1,338,673 in Books (See Top 100 in Books)

Case studies of financial institutions that blew themselves up using derivatives. Majority of cases involved going all in on a single trade (or series of trades based on one theory), outright fraud, breaking of US securities laws, and traders bypassing internal corporate trading rules.The derivatives themselves didn't fail. It was the application of it filled with stupidity. For example LTMC which leveraged up 30x - if your position falls just 3.3% you've lost 99% of your capital! Hellooooo! The two Noble Prize winners at LTMC somehow overlooked that!In nearly every case covered, the position size was so large that if the trade didn't work out (ever think of that?), the loss would be a significant fraction (if not more) of the entire capitalization of the financial institution.The book also covered rogue traders and how they got away with what they did. If you are a risk manager managing traders, this should be required reading. If you are a day trader, the info in this book isn't that useful outside of just better understanding how financial institutions operate behind the scenes.note to author: there is a typo on nearly every page, often times distracting. The dates and years for some of the events are wrong, sometimes by a decade.

Surprisingly revealing, in depth review.

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Senin, 09 Agustus 2010

Ebook Download Pathfinder Map Pack: Slum Quarter Alleys, by Jason A. Engle

Ebook Download Pathfinder Map Pack: Slum Quarter Alleys, by Jason A. Engle

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Pathfinder Map Pack: Slum Quarter Alleys, by Jason A. Engle

Product details

Series: Pathfinder Map Pack

Game: 18 pages

Publisher: Paizo Inc.; Brdgm edition (December 1, 2015)

Language: English

ISBN-10: 1601257910

ISBN-13: 978-1601257918

Product Dimensions:

5.3 x 0.4 x 8.2 inches

Shipping Weight: 7 ounces

Average Customer Review:

4.5 out of 5 stars

7 customer reviews

Amazon Best Sellers Rank:

#950,913 in Books (See Top 100 in Books)

I purchased these expecting to use these with my collection of Dungeon Tiles. Alas, these are very pretty but they are printed on cardstock. This makes them rather difficult to use exactly, and the design of them being confined to a 5x7 sheet means there isn't much continuous building arrangements, or open ends except on the streets. Which this is nice, it does limit what I can do with them.I don't regret the purchase, but I am going to need to do some more work to get the most use out of them.

I'll be slumming it sometime soon with my group

Perfect!

High quality paper. Versatile map design. This will become a regular tool for our gaming group. Will be buying others.

Good maps

Great artwork and appropriate scaling. Card stock is a little flimsy.

awesome

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Kamis, 05 Agustus 2010

Ebook Laconics of Cult, by Ingersoll Lockwood

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Laconics of Cult, by Ingersoll Lockwood

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Laconics of Cult, by Ingersoll Lockwood

Product details

Paperback: 102 pages

Publisher: Independently published (March 4, 2019)

Language: English

ISBN-10: 1798722348

ISBN-13: 978-1798722343

Product Dimensions:

6 x 0.3 x 9 inches

Shipping Weight: 7.4 ounces (View shipping rates and policies)

Average Customer Review:

5.0 out of 5 stars

3 customer reviews

Amazon Best Sellers Rank:

#221,432 in Books (See Top 100 in Books)

Laconics of Cult. What does it take for all to see through the superstitious priestcraft beguiling them with their hokey mythological ramblings, keeping the people in a state of abject ignorance?LACON'ICAL, adjective [Latin laconicus, from Laconia or Lacomes, the Spartans.] 1. Short; brief; pithy; sententious; expressing much in few words, after the manner of the Spartans; as a laconic phrase. --Webster's 1828 DictionaryCULT, n. A religion or religious sect generally considered to be extremist or false, with its followers often living in an unconventional manner under the guidance of an authoritarian, charismatic leader. --wordnik“Deism critiques fundamentalism for espousing belief in one transcendent (heavenly) spiritual Deity while in reality it is a religion of text worship. This is the case not just for Christian fundamentalism. Fundamentalist sects of the major religions have their own root and beliefs, but each venerates a divine text, be it book (Bible, Koran, Torah, Sutras…), or prophet (Jesus, Mohammad, Moses, Buddha…) or leader (Paul, pope, mullah, rabbi, Dali Lama…) embodied in writings, as its ultimate source of truth. Worship of a divinely inspired infallible text— a text that incarnates the divine Word— is what makes a sect radically fundamentalist.” —Beth Houston, Born-Again Deist

The first part is regarding mass programming and how religion is detrimental to humans.The second part talks of a new society, in which one would honor the god within self and the god within your neighbor and by honoring this inner divinity society would thrive with true cooperation

Enjoy the ideas of the writer.

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Sabtu, 31 Juli 2010

Ebook Free My Grand Adventure I'm Moving! Adventure Storybook, Children's Packing Guide: & Activity Book (Large 8.5 x 11) Moving Book for Kids in all Departments ... Guides Relocation Books Do it Yourself Moving

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Product details

Paperback: 40 pages

Publisher: CreateSpace Independent Publishing Platform (March 24, 2017)

Language: English

ISBN-10: 1546532080

ISBN-13: 978-1546532088

Product Dimensions:

8.5 x 0.1 x 11 inches

Shipping Weight: 5.4 ounces (View shipping rates and policies)

Average Customer Review:

5.0 out of 5 stars

1 customer review

Amazon Best Sellers Rank:

#800,717 in Books (See Top 100 in Books)

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Kamis, 29 Juli 2010

Get Free Ebook Professional Genealogy: A Manual for Researchers, Writers, Editors, Lecturers, and Librarians

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Professional Genealogy: A Manual for Researchers, Writers, Editors, Lecturers, and Librarians

Product details

Paperback: 654 pages

Publisher: Genealogical Publishing Company (May 1, 2001)

Language: English

ISBN-10: 0806316489

ISBN-13: 978-0806316482

Product Dimensions:

8.3 x 1.4 x 11 inches

Shipping Weight: 3.8 pounds (View shipping rates and policies)

Average Customer Review:

4.6 out of 5 stars

49 customer reviews

Amazon Best Sellers Rank:

#469,248 in Books (See Top 100 in Books)

Book by expert in field, although there is a newer revised edition available.

Aside from the pages and pages and pages of fantastic information, I love that it is all so readable. Everything makes sense and is very clear to understand. A definite must have for any budding genealogist!

This book has been on my wish list for nearly ten years. I first borrowed this gorgeous book from the local library...two months later they phoned me to tell me that I had to return it immediately so others could share in it's knowledge.That's what is in this tome...knowledge and lots of it. I've been doing genealogy for over 40yrs and I think if it's not in this then it's not worth worrying about.The only downside is that it doesn't have a lot on the internet, but that's ok, because at the end of the day, you need a good foundation on the basics in family history genealogy and this is the book for that!It covers all the things that you need to know about going into business as a Family Historian/Genealogist - covering contracts, business planning, research, evidence analysis, family histories, proofing, indexing & editing, book reviews and classroom teaching.In all a well rounded overview of everything you would want to consider to become a Genealogist!

My wife is an 'advanced' amateur. She's been working on her family for over two years and says the book has been a great help. Of course, she's only gone through the first three chapters but believes it's worth the purchase.

It was a good book, but my wife had it, opps thought I would surprise her. Anything geology that Elizabeth Shown Mills write is a keeper and tool in the home library.

The quality of the hardware is poor:A book of this thickness needs an appropriate binding. The book arrived already falling apart. Also a page inside was torn. The paper is too thin.It is like an offence to the efforts of the writers, if the publisher uses second choice material.

Great information when searching for your ancestors.

This is a great book for the genealogist who is looking into becoming a professional. I purchased this book for the ProGen course and have referred back to it several times after the course was over. I would recommend this book to any of my genealogist friends!

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Professional Genealogy: A Manual for Researchers, Writers, Editors, Lecturers, and Librarians PDF

Professional Genealogy: A Manual for Researchers, Writers, Editors, Lecturers, and Librarians PDF
Professional Genealogy: A Manual for Researchers, Writers, Editors, Lecturers, and Librarians PDF

Selasa, 27 Juli 2010

Download PDF , by Marjorie M. Liu

Download PDF , by Marjorie M. Liu

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, by Marjorie M. Liu


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, by Marjorie M. Liu

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File Size: 327839 KB

Print Length: 152 pages

Publisher: Image (June 21, 2017)

Publication Date: July 5, 2017

Sold by: Amazon Digital Services LLC

Language: English

ASIN: B06XS7SN8D

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#36,981 Paid in Kindle Store (See Top 100 Paid in Kindle Store)

4.5 stars.Marjorie Liu has done an admirable job in building a beautiful fantasy world with a well thought out history, wondrous places, and many different factions. At the end of each volume is a map that one can (needs to) refer to in order to understand the locations and sides. The artwork is meticulously and lushly rendered. My only ding on this (from 5 to 4.5 stars) is that there are so many different factions within the various alliances that have been introduced quite quickly that one can't process all of it accurately and deeply during the first reading. That may be an unfair hit though, as many of the great fantasy worlds are great because multiple readings/viewings enhance and enrich the experience.Liu's work is dominated by female characters, but it isn't a political or social commentary on life in the 21st century. It is just a wonderful story that happens to have strong female leads. This is most welcome. Marvel comics, in particular, has been accused by some as pushing diversity for sales/diversity sake. Having more diverse characters is a good thing, but even more important is having quality stories. I brought this up to Junot Diaz, a friend of Ms. Liu's (fellow current Bostonian and also winner of the 2008 Pulitzer Prize), at an event at a local college last year. Mr. Diaz replied to the effect (I'm paraphrasing), "Part of the privilege white people enjoy is the ability to produce crap and keep doing it. When minorities produce crap, they don't get a second chance. In order to have quality work, we need to sift through a lot of crap."Ms. Liu's work is outstanding. Some will look at it as the work of a female or minority writer, while others will say it is the work of a comic writer. Regardless of your political/social leanings, you will probably find that you appreciate the dialogue, enjoy the well-rounded and complex characters, admire the art, and are kept interested in the intricate and progressive plot. This is probably the fictional comic of the moment, more so than other great contemporaries such as Saga, Injection or Manifest Destiny.

Again, amazed by the beautiful artwork in this series. Sana Takeda does a fantastic job of bringing the world to life, it's just so detailed and gorgeous. It took me a chapter or two to get back into the story, but once it got going I was sucked in. We get some interesting backstory from Maika's childhood with her mother, some questions get answered, and plenty of new questions are raised. Whew, that ending.

Stumbled upon this series after reading an article that it was up for an award. I picked up volume 1, quickly followed by volumes 2 & 3. Beautiful artwork and story combination. THE Only bad thing is that I am now caught up and have to wait for more...:(

I'm one of the very few who's not madly in love with this series, but it's dull both in art style and in the story. The main character is gruff and I find myself not caring what happens or doesn't happen to her because everything takes too damn long and her mommy issues got old very fast.

I love this series and the more I read the more I enjoy it. I love the writing and the art is beautiful and I cannot wait to get volume three. I would recommend this series to anyone who likes action comic books or stories with strong female characters who are also really well written. Of course if gore or explicit language or violence aren't your cup of tea then maybe this isn't the series for you.

This series continues to be beautiful and astonishingly original. It's emotional, sometimes searingly sad. A remarkable demonstration of what comics are capable of when the right artist and writer combine forces. When I finished reading, I immediately flipped to the beginning and began rereading. Highly, highly recommended.

The most original fantasy story I have ever read. There is nothing else like this. It may not appeal to everyone, but it’s hard to not appreciate the creative genius behind the story. Plus the art is gorgeous.

Wonderful artwork, great and engrossing story. This TPB was longer than I would expect and filled with quite a bit of content. I've really enjoyed the series so far and look forward to the release of the next volume.

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Sabtu, 24 Juli 2010

Free Download Fundamentals of Clinical Trials

Free Download Fundamentals of Clinical Trials

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Fundamentals of Clinical Trials

Fundamentals of Clinical Trials


Fundamentals of Clinical Trials


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Fundamentals of Clinical Trials

Product details

Paperback: 361 pages

Publisher: Springer; 3rd edition (August 13, 1998)

Language: English

ISBN-10: 0387985867

ISBN-13: 978-0387985862

Product Dimensions:

6.1 x 0.9 x 9.2 inches

Shipping Weight: 1.2 pounds (View shipping rates and policies)

Average Customer Review:

4.4 out of 5 stars

33 customer reviews

Amazon Best Sellers Rank:

#1,032,969 in Books (See Top 100 in Books)

This is the book that should be the first thing anyone is given on their first week in clinical research. No matter the level or role. It helps you connect the dots and understand the process and its different aspects. I wish it was mandatory for employers to provide this to new hires during their orientation week (if they have such a thing) or during their first week. This is particularly useful for those nurses who are not CRAs or CRCs or Principal Investigators who have not done clinical research before. There are other books but this is, in my opinion, the one that summarizes the key elements and then points one in the right direction.

POST-SCRIPT. I am adding this sentence and the next few sentences, four years after I originally posted my review. My new book, CLINICAL TRIALS," recently published by ELSEVIER/ACADEMIC PRESS. My book is more detailed on "specifics" than is Dr. Friedman's book. My new book provides real-life examples from about 100 clinical trials, mostly in oncology. My new book provides examples of real consent forms, a real DMC charter, and excerpts from a dozen real Clinical Study Protocols. My book takes an unusual approach in the chapters on CONSENT FORMS and PACKAGE INSERTS in that I provides excerpts from a dozen lawsuits that centered around disputed information in consent forms and package inserts. As is well known, it is a fact that the outcome of lawsuits is a primary driver for many of the activities of companies, including pharmaceutical companies, corporations, manufacturers, and so on. My book is also unusual, in that it includes an entire chapter on PLACEBOS, and an entire chapter on INTENT TO TREAT analysis, and an entire chapter on the STUDY SCHEMA. These three topics are grossly ignored by most or perhaps all other books on clinical trials. Too bad! My book corrects these deficiencies.FUNDAMENTALS OF CLINICAL TRIALS, 3rd ed., by Lawrence M. Friedman, et al, is 360 pages long. The book contains 19 chapters, each concluding with a carefully chosen collection of 30 to 100 references. One of Lawrence Friedman's other books, the informative and lucid, "DATA MONITORING IN CLINICAL TRIALS," is centered around case histories. In contrast, this book is not focused on case histories. FUNDAMENTALS OF CLINCAL TRIALS was a source of inspiration for me, shortly before I started writing my book, CLINICAL TRIALS. My book is a bit longer (over 600 pages). My book digs deeper into practical details than what is found in FUNDAMENTALS OF CLINICAL TRIALS. My book also discloses and solves a handful of perplexing contradictions and loose ends, that are found in the Guidance for Industry documents and in the ICH Guidelines. Also, unlike all other books on clinical trials, my book contains actual examples of standard documents that need to be filled, e.g., Consent Forms, DMC Charter, and Package Inserts and Black Box Warnings.Here is my review of FUNDAMENTALS OF CLINICAL TRIALS -- In chapter 3, we learn that, in capturing response variables, e.g., efficacy or adverse events, the investigator needs to be careful not to count one event more than once, where the same event repeatedly presents in the same subject (page 22). We also learn that the response variable must be capable of being assessed in all subjects, not just in a subgroup of the subjects. We learn that a surrogate may or may not reflect clinical outcome, for example, where tumor response is a surrogate for survival of the subject (page 26). Undesirable aspects of measuring surrogates are disclosed (the surrogate might be hard to measure), and desirable aspects of measuring surrogates (they are needed for accelerated approval) (page 26).Regarding inclusion and exclusion criteria, we learn that these must be defined carefully in the Clinical Study Protocol (CSP). For example, "headache" is not a good criterion, since it is not easily or objectively determined (page 33). For example, where age of the subject is a criterion, the CSP must define if this is the age attained at the time of baseline screening, or at some other time (page 32). We learn the benefits of having an available mechanism of action (MOA). Availability of a MOA enables the investigator to set forth subgroups in the CSP, for example, subgroups with severity of vessel growth, or subgroups with different locations of vessel growth (page 33). (Vessels growing in the eye, in a study of treatment by photocoagulation.) In other words, if the MOA is known, specific subgroups (and not others) can be chosen to include in the study, thereby reducing cost of the study and improving the number of favorably responding subjects."Today's homogeneous group may be considered heterogeneous tomorrow."We learn about the fact-pattern where a subject who initially meets the inclusion & exclusion criteria, during the trial develops a condition that removes the subject from meeting all these criteria. The authors suggest that, where this happens, the subject should be taken off the study drug, but kept in the study for the purposes of analysis only (page 36). (Obviously, the P.I. of any trial will need to decide what to do if this fact-pattern presents.)We learn that exclusion criteria need to include conditions that prevent the diagnosis of the events of interest (page 36). For example, we learn that exclusion criteria need to list conditions that would likely cause the subject to die shortly after the study is initiated (page 36). (For example, this would include infection with flesh-eating bacteria or glioblastoma.)Regarding age as an inclusion/exclusion criterion, we learn that for any given disorder, the cause might be different in the young and old, as for the disorder of myocardial infarction (page 38). Also, we learn that exclusion criteria should list persons likely to be harmed by the treatment, or persons unlikely to comply with the study (page 39).In chapter 4, we learn about the problem of changes in names of diseases, and that these might change during the course of the study (page 49). Unfortunately, as this point in the book, the authors do not tell the reader about naming systems for disorders or for adverse events (AEs), for example, MedDra and Common Terminology Criteria for Adverse Events (CTCAE).In chapter 5, we learn about the desired ration of study drug subjects/control subjects. We learn that a common ratio is 2:1, and that this ratio is especially desirable for gaining knowledge on AEs (page 62). Once it is decided what ratio to use, the subjects are randomized. We learn that randomization can be by way of a coin toss, but we also learn why this method must not be used. This is because, "if the blind is broken on one participant, the entire sequence of assignments is known." (page 64). The authors then tell us about a better method of randomization, blocked randomization, where coin toss is used to determine if the next 4 subjects will be in this group AABB, or ABAB, or BAAB, or BABA, or BBAA, or ABBA. Delving further into details, we learn about stratified randomization and that this "in a sense, breaks the trial down into smaller trials" (page 68). We also learn that for huge studies, it won't matter much if you determine strata (for each subject) before or after randomization is done.In chapter 6, we learn various reasons for blinding. For example, if a physician knows that a subject is a control (placebo), he is likely to compensate by prescribing additional treatment to that particular subject (page 84). We also learn that sometimes machines used for diagnostic purposes, e.g., platelet aggregation, might need to be modified to prevent inadvertent unblinding (page 87). We learn that sometimes pills degrade, so that the resulting discoloration can produce inadvertent unblinding. We also learn that it is better for every vial to have its own code, and worse for all vials (having study drug) or all vials (having placebo) to have the same code.Chapter 7 (sample size) and chapter 14 (survival analysis), are entirely statistics.In chapter 8, we learn once again that stratification can be done before randomization, or later on at the time of analysis (page 131). We learn that subgroups should be defined ahead of time, and that subgrouping should be based on BASELINE DATA (and not be based on data collected after unblinding). We are told that if subgroup is defined, for the first time, after analyzing unblended data, then this subgroup is appropriately used only for subsequent trials (page 132). Regarding baseline data, we are warned that it needs to be decided if baseline data is to be collected with the subject on his currently used drugs (or if it is to be collected with the subject taken off all drugs) (page 133).In chapter 9, we learn of problems with recruitment: lack of funding for screening; failure of physicians to refer subjects, over-estimation of prevalence of the disorder in the general population; too stringent entry criteria. We also learn of a related problem, where the study actually begins, but where the expected outcome does not occur with the expected frequency (pages 259-260). Also, we learn techniques for improving recruiting: relax inclusion criteria, extend time for recruiting, add more recruiting centers, refrain from telling placebo/standard of care subjects that they are in a study, re-testing of potential subjects until they meet inclusion criteria, accept smaller number of subjects.In chapter 10, we learn about problems in data quality. We learn of the problem where definitions for a symptom or an AE can be different from a definition in common use, and the definition set forth in the CSP (page 158). We learn of incompletely filled out forms, badly calibrated equipment, mislabeling, overt errors in making calculations, and inter-observer variability, and the fact that different physicians participating in the study might use different methods to read an EKG or to interpret histology, and various ways of referring to the same chemical (e.g., free propanolol versus propanolol HCl) (page 159-160). We learn various methods to QC a clinical study, e.g., sending drug samples to a lab for analysis.Chapter 11 provides definitions of expected AEs and unexpected AEs. An expected AE is one that, based on previous knowledge of intervention, is known or likely to occur (page 171). We learn that it is good for the CSP to provide definitions of AEs and of primary and secondary responses (page 172). We learn differences in acquiring AEs by check lists and by open-ended questions during interviews. We learn that documenting AEs are especially important for trials that attempt to find that the only difference between the study drug and standard of care is fewer AEs with the study drug (page 175). We learn of the phenomenon where a subject might get tired of reporting a particular AE. We learn that subject who hold a job might have compliance problems, where a drug needs to be taken for a plurality of times during the day (page 177).Chapter 12 discloses quality of life questionnaires, and tells us that the better way to phrase questions is: "Do you feel that your quality of life has changed?" and that the worse way to phrase the question is: "Has your quality of life improved?" The authors tell us that "the critical factor is not actual performance, but the degree to which one's perception of functioning changes." (page 195) We learn that the questionnaire can give wrong information, where the subject has experienced some tragedy (bereavement; work layoff) or some great success (child graduating college). We learn that better quality results might be obtained where a relative fills out the questionnaire. A criticism of this chapter, is that it fails to include an example, e.g., EORTC questionnaire, Karnofsky 11 point scale, or WHO Handbook for Reporting Results for Cancer Treatment (5-point scale).Chapter 13 tells us how to increase subject compliance: shorter trials are easier to maintain compliance, trials conducted in hospitals (vs. at home), simple dosing regimens, seriousness of the disorder being treated, educating subjects in the drugs and disease, birthday cards to subjects, telephone reminders to subjects, lower turnover of study staff, paying subjects taxi fare for getting to clinic, presence of a spouse, using special containers for study drug (pill count), providing subjects with phone # of investigator, give subjects a brochure, tests on blood and urine to monitor adherence, adding an inert chemical to study drug that can be measured in blood or urine.Chapter 15 tells us that the Greenberg Report was the basis for the Data Monitoring Committee (DMC), and that its goals are to protect subjects from harm and to ensure integrity of the trial. We learn that it is the DMC that produces recommendations on continuing, termination, and protocol modification. A criticism here is that this chapter fails to emphasize that the DMC's role is only to provide recommendations, and NOT actually to terminate or modify the study. We learn that the DMC can unblind the data, but that this should only happen when trends begin to emerge in either direction (drug causes harm or drug shows efficacy) (page 249). We learn that the DMC should meet when 10%, 25%, 50%, 75%, and 100%, of the outcomes have been observed. We are warned that "trends may emerge and disappear, especially early in the trial." We learn that the DMC contemplates the impact of missing data, participant adherence, whether results are consistent across all subgroups, whether data is unusual at one particular center (page 253). This chapter provides us with a list of studies that were stopped early. We learn that hasty (and incorrect) judgment was avoided, because of a discovery of a delay in missing data (page 255). We learn that stopping can be applied to only one of the subgroups. We learn about a drug that improved a surrogate (improved exercise tolerance) but that unfortunately led to greater deaths (page 258). This fact-pattern was a good example of an emerging negative trend (trend of deaths). The difficult nature of the DMCs decision here, involves deciding if the negative trend of the study drug is less harmful than negative trend of positive control drug (page 259). We also learn that, where there is an emerging positive trend, it still might be a good idea to continue with the trial, in order to discover AEs that present only after longer treatment. Finally, we learn that a CSP may have instructions for increasing sample size, e.g., by extending recruitment phase, and that this decision should be linked to # of events (not to # of subjects) (page 260).The book fails to disclose the time-line of the drug-application process, and fails to show how all the different regulatory documents fit into each other. This shortcoming can be remedied by FDA REGULATORY AFFAIRS by Pisano and Mantus. The book does provide some elementary statistics, but not enough to learn from scratch. This shortcoming might be remedied by ESSENTIALS OF MEDICAL STATISTICS by Kirkwood and Sterne. Also, I recommend the Lange series book on statistics, for its excellent discription of Kaplan-Meier curves.I also recommend DATA MONITORING IN CLINICAL TRIALS, by the same three authors as the book currently under review.

I purchased this text as one of the references for a class in my MS in CRO Management. I have extensive experience in running clinical trials/programs.The text is OK primer for persons new to this area, though it is written quite technical in the latter chapters (very heavy with regards to the statistics and powering sections).Also I felt it lacked the benefit of an inside industry point of view.This isn't a bad resource, but there are other resources out there of higher value for your money.

I used this book for a class that I took last semester on clinical trial.The authors do a good job of giving a good overview of the topics of interest, in particular: sample size calculation, use of DSMBs, trial design, choice of endpoints, randomization and issues in data analysis.The chapters on sample size estimation and use of safety monitoring boards are quite heavy on the statistics. If you've never had an intro class in statistics, then these chapters may be way over your head.There are a few topics that the authors didn't cover so well that I thought should have been more prominent: Choice of primary endpoints in FDA trials, general requirements of the FDA and regulatory information in general, the calculations of meta-analyses.Overall I am quite happy with this book and will keep it on my shelf as a good reference.

I would recommend this book. It is a pretty easy read for someone wanting to learn the basics of clinical trials. This was recommended to me by my colleagues who have had many years in the clinical industry.

Used this with my course on clinical research methods. Very exhaustive description of the details of clinical trial design, implementation, analysis and reporting. Recommended for any clinical researcher conducting or wanting to improve their knowledge of clinical trials.

I found this book very easy to read and it gave many real life examples. I started with basically no experience or knowledge of the subject matter. I think it was an excellent introduction to the topic.

thank you!...

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