LA COLUMNA FINANCIERA — Risk Management in Banks

2009-07-05

Lack of risk controls contributed to the financial crisis

Annetta Cortez spoke on the syndicated radio program, “The CEO Show” in a segment of the program entitled “Risk Management in Banks.” “There’s a lot of blame to go around. But ultimately, the crisis could have been at least minimized through the banks’ own risk practices, particularly with respect to their models. The banks lost sight of the basics.”

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