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| Employee Investigations Diversified Risk Management, Inc. Assists corporations, non-profit organizations and law firms in identifying, mitigating, and responding to risks. www.diversifiedriskmanagement.com
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| Reverse Robin Hood applies to banks too  | | 
The next time someone tells you that "the banks need help," just refer them to Barry Ritholtz:Talk about burying the lead: The Times also noted — in the very last paragraphs — how the big incompetent banks and their very pricey bailouts are screwing these small healthy banks:"Isn’t that the American way?" [Donald E. Goetz, the president of DeMotte State Bank] says, folding his arms. "Whoever is left standing, whoever was prudent, is always the one who has to pick up the pieces."The Geithner... | | view full article |
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| | | Automotive Risk Management Coverage for all sizes and all types of business. www.armonline.com
| Employee Investigations Diversified Risk Management, Inc. Assists corporations, non-profit organizations and law firms in identifying, mitigating, and responding to risks. www.diversifiedriskmanagement.com
| Corporate Risk Management Solutions Corporate Risk Management solutions - including consulting, captive formation and feasibility, and Bermuda brokerage. www.taftcos.com
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| | | | | | |  Cafe Hayek (1) | | From an article on Goldman Sachs, from a conversation with the CEO, Lloyd Blankfein:
He starts with a little humility. He understands that “people are pissed off, mad, and bent out of... | |
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 Angry Bear (0) | | It took me many years to understand the phrase "moral hazard." It's a fundamental tenet of economics, usually used to explain that, since consumers are untrustworthy, businesses need to charge them... | |
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 Angry Bear (0) | | Via Greg Mitchell's Twitter feed, lying isn't just for the IB branch any more: Goldman declined for three years to confirm their suspicions that it had bought their mortgages from a subprime lender,... | |
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 Angry Bear (0) | | Susan of Texas has an immortal post on the housing crisis, McMegan's ratiocination, and the persistence of ignorant memes. The money quote:McArdle doesn't refute facts, she hen-pecks at the methods... | |
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