DiscoverRisk Pearls of Wisdom9.6 Suggest we say something may be about to happen, but we should do nothing
9.6 Suggest we say something may be about to happen, but we should do nothing

9.6 Suggest we say something may be about to happen, but we should do nothing

Update: 2021-08-26
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The link below is the post mortem document penned by internal and external counsel.  To say it is brutal is an understatement.  It is thus required reading for any senior risk manager to pray this does not happen in their patch.  In this podcast, we pick up on three keywords used: lackadaisical, perfunctory and holistic.  May we all embed these in any risk manual.


(the title is a derivation of the Standard Foreign Office response in a time of crisis, stage 2.  A favourite Yes Prime Minister dialogue, episode 6)




https://www.credit-suisse.com/about-us/en/reports-research/archegos-info-kit.html 





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9.6 Suggest we say something may be about to happen, but we should do nothing

9.6 Suggest we say something may be about to happen, but we should do nothing

Risk Pearls of Wisdom