Re: Article 4

From: Lionel
Affiliation:
Address:
Date: 21 Feb 2008
Time: 13:59:09

Comments

I agree that risk management is not accounting and that accounting has severe problems, but risk management could definitely benefit from some standardization. Wouldn't a rule that the front office and middle office be totally separate career paths be a positive form of standardization, if adopted by all firms? I went and read the Businessweek article online and they applaud Goldman for a policy of having employees rotate back and forth between trading and risk management. I don't think that is good. Shouldn't there be some standards?

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