The results are in

patrick-blum-oprisk-2009

Regulators are pushing harder for the financial industry to get its house in order and improve its risk management. We are starting to get a better picture of what went wrong and of possible solutions to prevent a repeat of the crisis. Two recent contributions provide more detail in the debate.

A report on the risk management lessons from the global crisis just published jointly by some of the world's leading supervisors sheds further light on the issues (page 11). It highlights much that went

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