Richard Lehmann is president of Income Securities Advisor, Inc., (ISA) and a columnist with Forbes magazine, with whom he publishes jointly, the Forbes/Lehmann Income Securities Investor newsletter. Mr. Lehmann is also the publisher of the Distressed Debt Securities Newsletter and the Forbes/ISA Closed End Fund & ETF Report. He has been actively involved in fixed-income investing since 1976 and offers income portfolio management through Richard Lehmann & Associates, a registered investment advisory firm. Mr. Lehmann has authored numerous articles on bonds, bond defaults, and fixed-income investing, both in financial columns and book form. His book titled, Income Investing Today, is published by John Wiley & Sons. Mr. Lehmann has an MBA from Columbia University and is a CPA.