Why did some firms weather the financial crisis and others not? This book investigates the inner workings of over a dozen major financial and nonfinancial companies, reveals what went wrong and proposes a remedy.
The financial crisis revealed fundamental shortcomings in both public and private American institutions. While the firms that were successful each found their own way to weather the crisis, unsuccessful firms were remarkably alike in their inability to cope and in the mistakes t…
Why did some firms weather the financial crisis and others not? This book investigates the inner workings of over a dozen major financial and nonfinancial companies, reveals what went wrong and proposes a remedy.
"The savings and loan debacle of the late 1980s showed that politically powerful organizations can intimidate regulators and stave off tough regulation. Under these circumstances, privatization - the elimination of government backing - is the only viable way to protect the taxpa…
"Discover analytical tools and practices to help improve the quality of risk management in government organizationsFederal agencies increasingly recognize the importance of active risk management to help ensure that they can carry out their missions. High impact events, once tho…