Risk managers remain bit players at bank (Financial Week)
Sorry to be a wet blanket but some sobering news on the ERM-is-important front. A recent survey found that risk management is largely "stigmatized" at their institutions.
Rethinking risk (CFO.com)
Across the board of industries, CFOs appear to be understanding how important risk management is, and how much better their companies need to be at it.
Insurers face bribery crackdown after Aon fine (Financial Times)
The possible repercussions for the British insurance industry after the FSA went after the U.K. arm of Aon.
Why did the SEC fail to spot the Madoff case? (Reuters)
A blogger's controversial take on Madoff: that the SEC failed because it was not focused enough on risk.
Blown over: Galveston and Texas Gulf Coast struggle after Hurricane Ike (Dallas Observer)
Is Galveston doomed because it isn't New Orleans, and Hurricane Ike was not Hurricane Katrina? This piece examines how disaster recovery really works in our media-driven age.
Help in hot spots (New York Times)
A look into the growth of risk management consultants who specialize in employee travel exposures and crisis management when those exposures become reality.
(Read the rest of the Jan. 13 R&I One.)
January 13, 2009
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