From: Horseless
Affiliation:
Address:
Date: 22 Feb 2008
Time: 14:25:38
I agree with you. But the only thing I can (actually I should use the past tense here cause I don't do this right now) control is looking at the market risk of trading positions. For problems which are more important that sink companies like those you mention, thats what I would call something like operational risk and I just don't see any obvious ways to address it. And I believe an analogy is that I would be the one making sure all the deck chairs are neatly arranged while we speed along on this ship called the Titanic.
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