The Risk Management Blog
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Geoengineering in regards to the environment and climate change has increasingly been gaining mainstream interest over the past year after spending most of its days mired in obscurity or outright condemnation. I’ve personally written about it twice in the past few months both in regards to Bill Gates’ discussion on thwarting hurricanes and SuperFreakonomics‘ assertion [...]
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Forbes published a good piece on how Credit Suisse has aided clients from rogue nations like Iran, Cuba, Burma and Libya sidestep U.S. sanctions for nearly a quarter century, an infraction that will cost the Zurich bank $536 million for violating the the International Emergency Economic Powers Act as well as New York State law. “Credit [...]
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Okay, I said it: perhaps we’re being too harsh on AIG.
Sure, the company has some serious problems, and its liquidity crisis of 2008 will remain one of the worst business disasters of all time. But since then, AIG has somehow morphed from a deeply troubled company into an avatar of all things wrong with the [...]
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AIG head Edward Liddy has had enough. He is leaving the company.
He has reportedly been talking to the board for a while about his exit strategy and although he will stay on as both chief executive and chairman until a successor is found, I think it’s fair to say that these past few months will [...]
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