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The risk in trusting risk management
January 15, 2009 Thu 10:43 AM CT

I am betting that you understand risk better than the risk managers.

Early this morning while eating my breakfast I watched a discussion on CNBC about risk management and how the lack of it got us into our current mess. I tend to agree with that statement. But if I heard correctly--I was still waking up--reporter Charlie Gasparino said, "No one understands risk...


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