Tag Archives | Enron
Morgan_John_Pierpont

We Could Use a J. P. Morgan.

February 16, 2008

This week’s BusinessWeek reports on changes in risk management within financial institutions in the wake of the subprime meltdown and Societe Generale rogue trader fiasco. Merrill’s new CEO, John Thaine, has created two new high-level risk manager positions reporting directly to him—and he is going to meet with them weekly. Morgan Stanley has appointed a [...]

man_evasive_on_phone

I’ll Be Gone. You’ll Be Gone.

January 19, 2007

In his new book Accidental Investment Banker, Jonathan Knee introduces us to the phrase IBG YBG, which means “I’ll be gone. You’ll be gone.” This might be whispered between investment bankers when an inconvenient fact comes to light during due diligence on a company they are about to float. “Don’t sweat it” is the implication. [...]

Glyn_A_Holton_circa_2000

Inaugural Article

October 12, 2006

Ask a practitioner of the origins of financial risk management, and he might say it emerged in response to financial blow-ups of the early 1990s. Or he might say it emerged out of efforts by the Basel Committee to standardize bank capital requirements globally. Or he might say it emerged from efforts by banks to [...]