Results 1 to 3 of 3

Thread: Confessions of a risk manager

  1. #1
    Veteran Member person's Avatar
    Joined
    Sep 2007
    Posts
    633
    Thanks
    33
    Thanked 34 Times in 23 Posts

    Default Confessions of a risk manager

    Why did banks become so overexposed in the run-up to the credit crunch? A risk manager at a large global bank—someone whose job it was to make sure that the firm did not take unnecessary risks—explains in his own words
    http://www.economist.com/finance/dis...ry_id=11897037

    Lots of good stuff in an accessible article - quite insightful, and matches some of my own experiences in risk estimation, valuing illiquid instruments and downside scenarios.
    Once again, the conservative, sandwich-heavy portfolio pays off for the hungry investor
    - Dr John Zoidberg

  2. #2
    Veteran Member StuartL's Avatar
    Joined
    Feb 2006
    Location
    European Man Of Mystery
    Posts
    648
    Thanks
    1
    Thanked 21 Times in 7 Posts

    Default Re: Confessions of a risk manager

    Very interesting. Thanks for posting.

  3. #3
    Banned Melonie's Avatar
    Joined
    Jul 2002
    Location
    way south of the border
    Posts
    25,932
    Thanks
    612
    Thanked 10,563 Times in 4,646 Posts
    Blog Entries
    3
    My Mood
    Cynical

    Default Re: Confessions of a risk manager

    I am very happy to see that 'real' risk factors are now being considered ... both on the investor side and on the loan request side. For a decade now the stealth repackaging / shifting of 'real' risk has posed a huge Moral Hazard on both sides, as well as distorting the costs / returns relative to the degree of 'real' risk involved.

Similar Threads

  1. Confessions...
    By PookaShell in forum The Lounge
    Replies: 20
    Last Post: 02-09-2018, 09:25 AM
  2. Confessions of an overplucker
    By Emily in forum Body Business
    Replies: 27
    Last Post: 04-20-2014, 05:29 AM
  3. Girls Confessions
    By lethalsoul in forum The Lounge
    Replies: 11
    Last Post: 03-12-2014, 05:49 PM
  4. Diet confessions
    By kitinboots in forum Body Business
    Replies: 68
    Last Post: 08-06-2011, 04:21 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •