Proactively Managing the Risks

A financial institution manager shared with me last week that he is glad to be employed by a company that did not get embroiled in the greed which has led to our current global financial crisis. In recent years, many people around the world have been looking at the sub-prime mortgage practices in the United [...]

Where Have the Directors Been?

Amidst the current financial crisis, we ask “where have the directors been?” In recent years many companies in the financial sector have failed to effectively manage risk. Why did so many seem to be following the pack rather than making independent wise choices?
Lehman Brothers is feeling odd-company-out as considerations for industry help from the [...]