The opinion of the court was delivered by Gale Black, the former President and Chairman of the Board of Wichita Federal Savings and Loan Association (Wichita Federal), appeals from a $17,537,185.75 judgment against him for his negligence in financial futures trading on behalf of Wichita Federal. Wichita Federal cross-appeals the district court's denial of prejudgment interest on the damages. Facts Gale Black began working for Wichita Federal as a teller in 1947 and over the next thirty years rose to the position of President and Chairman of the Board of Directors of Wichita Federal. At all times herein Black was responsible for the managing of investments for Wichita Federal. As a federally chartered