Author: Peter Banham, global head of strategy, SunGard’s capital markets business
The words we use to define and think about these complex issues can not only help us make sense of the regulatory changes but also complicate or confuse…
Posts Tagged: too big to fail
ALL EYES ON DODD’S BILL AS FINANCIAL REFORM MOVES TO THE SENATE FLOOR
On Monday, the Senate Banking Committee quickly approved Senator Christopher Dodd’s sweeping financial reform bill, moving it forward to the Senate floor with a 13-10 vote.
TOO BIG TO MANAGE RISK
These discussions often look at only one what-if scenario: what if these firms were about to go out of business? Would they take other organizations down with them? Would the effects significantly disrupt the markets throughout the country and around the world?
We also need to look at the situation before the business gets to that point. That leads to another important question that my colleague Tony Scianna and I have been thinking about: Can an organization become “too big to manage the risk”?
