Re: Article 4

From: Lionel
Affiliation:
Address:
Date: 22 Feb 2008
Time: 08:37:51

Comments

I would restrict risk management to being for the benefit of stockholders. Bond holders have bond covenants and legal protections. Society at large has regulators (Basel and risk management should not be one and the same thing). This is all academic. Risk management is run to benefit executives.

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