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Tom Ridge, formerly U.S. chief of Homeland Security,
wears a new hat as a plain-speaking consultant who says
businesses have not done well at integrating risk management
with overall strategy.
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an overdue wake-up call. Now risk managers provide
valuable input into pricing, product design and other
key enterprise decisions.
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A missing strategic ingredient, as viewed from
a health care industry perspective.
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How an extra dose of transparency eased client
concerns when markets were crashing.
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Bank card giant Visa’s 2008 IPO trans-
formed the management structures and
disciplines of what had been a more loosely
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became crucial, says Ellen Richey, global
head of enterprise risk.
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Technological advances such as distribution
strings and computer visualization have
made scenario approaches and consolidat-
ed risk models more practical, write Sam
Savage and Aaron Brown.
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Credit derivatives expert Janet Tavakoli’s
retrospective on how investors overlooked
CDO warning signs and got little help
from regulators and rating agencies.
