“The recession of 2007 to 2009 was still the most painful since the Depression. At its depths, $15 trillion in household wealth had disappeared, ravaging the pensions and college funds…
Tag:
Enterprise Risk
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(Image Credit – ENC Consulting) Why Systemic Financial Crises Are a Broad Failure of Risk Management… Various posts in this blog have catalogued the practice of risk management in the financial…
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“We honestly believe technology is going to define banking for the next five years, so it’s incredibly and strategically important that putting two individuals in charge now allows us to…
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“Perhaps more than anything else, failure to recognize the precariousness and fickleness of confidence-especially in cases in which large short-term debts need to be rolled over continuously-is the key factor that gives rise…