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Q&A: Recent Bank Failures Do Not Mean It’s 2008 All Over Again

UVA Darden

The federal takeover has fueled fear among some that the failures are precursors to something akin to the Great Recession, when 450 banks failed between 2008 and 2012. You can’t lose any savings as long as your savings or checking account doesn’t exceed $250,000. He also tweets on his Twitter account.

Banking 52
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Q&A: Recent Bank Failures Do Not Mean It’s 2008 All Over Again

UVA Darden

The federal takeover has fueled fear among some that the failures are precursors to something akin to the Great Recession, when 450 banks failed between 2008 and 2012. You can’t lose any savings as long as your savings or checking account doesn’t exceed $250,000. He also tweets on his Twitter account.

Banking 45
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Spain Is Now Making Ireland's Mistakes

Harvard Business Review

Just like Ireland, Spain had a credit boom financed mostly with external debt, which meant that the balance sheets of their banks are now stuffed with bad debts as asset values collapse. By March 2012 unemployment was 24.1 percent and youth unemployment reached 29 percent in early 2012. So what is to be done?

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The Problem with the Profit Motive in Finance

Harvard Business Review

has a new "white paper" out with the rah rah title, " Financial Services: Safer & Stronger in 2012." Banks have developed fortress balance sheets, improving credit quality by 54 percent, increasing net income and, restoring aggregate lending to pre-crisis levels of nearly $7 trillion. . • The largest U.S. The largest U.S.

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Simple Ethics Rules for Better Risk Management

Harvard Business Review

But as more organizations fall prey to complex intangible risks, from unwanted disclosure due to rampant cyber threats to breaches of conduct driven by skewed incentive systems, the aperture of risk management is expanding from protecting the balance sheet to promoting ethical leadership and values-based decision making. Mark Chussil.

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IT Doesn't Matter (to CEOs)

Harvard Business Review

They resist getting their hands dirty alongside the CIO, even though many of them will readily get down into the mud of a balance sheet with the CFO or strategize the details of global brand issues with the CMO. Data breaches are on the rise, with a 44% increase in the number of records exposed from 2011 to 2012. Accountability.

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What the Companies That Predict the Future Do Differently

Harvard Business Review

No wonder, then, that executives have placed predictive analytics at the top of the executive agenda since 2012, according to a recent Accenture survey. Financially, organizations require new models to account for information assets beyond treating them as intangibles. The future is already here, it’s just unevenly distributed.”