FT Special Report | Corporate Finance July 2008

CORPORATE FINANCEFINANCIAL TIMES SPECIAL REPORT | Wednesday July 23 2008 www. ft. com/corpfinjuly2008 Inside this issue CDM John Rumsey looks at the Brazilian steelmaker, which makes extensive use of derivatives Page 2 Middle East Talent is in demand as the... More

CORPORATE FINANCEFINANCIAL TIMES SPECIAL REPORT | Wednesday July 23 2008 www. ft. com/corpfinjuly2008 Inside this issue CDM John Rumsey looks at the Brazilian steelmaker, which makes extensive use of derivatives Page 2 Middle East Talent is in demand as the oil­rich region becomes more important to the banking industry, writes Simeon Kerr Page 3 Free Lunch Ranting about Goldman Sachs has become a standard feature of lunch with a banker on Wall Street, says Francesco Guerrera Page 3 Viewpoint Peter Thal Larsen takes a closer look at ways of measuring executive performance Page 4 Interview Richard Milne talks to Bodo Uebber (left), Daimler’s chief financial officer Page 4 Ways to turn volatility into opportunity W hen the Chicago Board Options Exchange this month launched the world’s first volatility index on crude oil, it was a sign that the world’s largest options exchange had spotted a timely opportunity. Its Volatility Index – or Vix, as it is known to many in the markets – has long Less