Sunday 5 October 2008

Financial Risk Management

Dear Friends,

I know that I have been writing after a long lull, the reason being that there was so much activity going on on my personal turf that this took a bac seat. Now most of the things have stabalized on personl front. So here I am back here again with a bang...but wait..wait..wait...

All that apart during this period, you all must be aware of the hullahoop and upsidedown the overall world economy has taken. We have seen major financial giants coming tumblng down like dominoes, infact it is casting a domino effect all across the world. Falling down of companies lik Lehman brothers, traumatic bail out of AIG, Merryl Lynch with in mere a week pose a big question mark on the way the financial institutions ar managed as well as the monitoring that is place. Should the apt tracking and monitoring mechanism was in place, this would not have come to th world as a weekend shock, rather this fall would have been avoided.

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