Monthly Archives: October 2008

To financial hell in a hand-cart

Like many, I have been viewing the virtual meltdown of much of the world’s banking system with a strange sense, almost of awe, at the complete mess, the ‘perfect storm’ of apparent ineptitude and venality, that so many have displayed at all levels of the governmental, regulatory and operational elements of the international banking system. As I watch in horror as the almost unmanaged, or at least unmitigated, risks occur with frightening pace and certainty, I ask myself did any of these institutions have even the most rudimentary of risk registers? Now, I am agnostic at best when having to… Read more
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