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On subprime and crime

The two hot topics at the conference were the ongoing fallout from the subprime crisis and the actions of one Jérome Kerviel

Two topics dominated the 10th annual OpRisk USA conference in New York in February - the subprime crisis and the Société Générale (SG) rogue trader event. The events have certainly thrust op risk back into the spotlight, with many of the delegates reporting a renewed focus on their activities by their boards over the past few weeks.

The regulatory panel, moderated by Kevin Bailey, deputy

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