Growth

Rich and Co.

How Little We Understand and Can Manage Risk

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with current International Monetary Fund estimates of the costs of the 2007-2008 subprime crisis,  the banking system seems to have lost more on risk taking (from the failures of quantitative risk management) than every penny banks ever earned taking risks.

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Written by Rich and Co.

May 25, 2011 at 9:54 pm

Posted in Uncategorized

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