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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. Q: Were the takeovers the result of systemic weaknesses, poor management or panicked investors? Bruner: Management heads up the rogue’s gallery.

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. Q: Were the takeovers the result of systemic weaknesses, poor management or panicked investors? Bruner: Management heads up the rogue’s gallery.

Banking 45
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Transformation During Crisis | Simon Leslie

Peter Winick

I’ve had 911, I’ve had 28, 2012, 2014 where I, I tried to pivot too much and fell over. But we saw an opportunity on January the 12th, 2021, when CNN decided during COVID, they wanted to close their network and we managed to secure quite a big chunk of it. And we managed to take that technology.

Travel 173
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Old Management Systems Stifle New Business Models

Harvard Business Review

That’s because even after they determine the right ways to use information to delight their customers, managers must address one equally important challenge. They must update decades-old management systems so they can embrace new digital opportunities. Where we land is firmly in the face of a management paradox.

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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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Simple Ethics Rules for Better Risk Management

Harvard Business Review

For far too long, managing risk has been seen as an esoteric business function — designed to control losses and adhere to compliance standards. Leaders who practice what they preach, have conviction, and lead by example are better at managing risks than those that merely pay lip service to ethics, value systems, or codes of conduct.

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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.