Ed Blount, a longtime ABA Banking Journal contributing editor, founded the Center for the Study of Financial Market Evolution in 2006. Today he serves as the center's executive director. He has testified as a capital markets expert before all three branches of the U.S. federal government. Apart from his non-profit work, he has been a successful entrepreneur, writer, and consultant for 35 years. When, in 2007, Mr. Blount sold ASTEC Consulting Group to a Fortune 500 data systems vendor, the firm's research cooperatives and online risk/pricing systems were serving 500 institutional investors with counterparty exposures of US$3 trillion. Part of the sale proceeds were deposited in a foundation to fund the Center's activities. Among other writings Blount frequently reviews books for ABABJ.com's "Books for Bankers" section.