The Risk Management Blog
Posts tagged as:
The Occupy Wall Street movement going on in Manhattan’s Financial District and the Occupy [Insert City Name] protests it has spawned nationwide are rooted in the 2008 economic meltdown and subsequent government bailouts. Those were of course spawned by terribly flawed business practices of financial firms, perhaps most notably the “sure, I’ll insure that” stance [...]
{ 0 comments }
A new report from the Economist Intelligence Unit and Oracle Financial Services sheds further light on the elevation of risk management since the financial crisis. The general conclusion is similar to the one we have been hearing ad naseum since a failure of risk management tanked the global economy. As stated in “Transforming the CFO [...]
{ 3 comments }
We already knew this, but the U.S. Financial Crisis Inquiry Commission has confirmed the fact that the financial meltdown that spurred the largest economic downturn since the Great Depression was avoidable and only occurred because no one involved understood the risks they were taking. Regulators, politicians and bankers were to blame for the 2008 US [...]
{ 2 comments }
Zurich has unveiled its list of the “Top Ten Megadisasters” of the past decade. The usual suspects pretty much (listed chronologically — not by their “overall business impact,” which is the basis for the list). 1. 9/11 – 2001 2. SARS – 2003 3. 2003 U.S. / Canada power outage – 2003 4. 2004 Indian [...]
{ 0 comments }
© Copyright 2009 Risk and Insurance Management Society, Inc. All rights reserved.
