Word: financees
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Of course, better models won't work unless people learn how to use them. McKinsey directors Ron Hulme and Kevin Buehler and senior risk expert Andrew Freeman argue in the Harvard Business Review this month that "a growing emphasis on mathematical modeling has rendered much of the risk-management debate...
On the other hand, says Peter Morici, a professor of international business at the University of Maryland, finance concentrators - that is, the students who are specially trained to grasp the models - are so steeped in the particulars that they don't always see the forest for the trees. They get...
To halt this implosion, somebody has to leverage up, not down, and acquire assets, not sell them. The government is the institution in by far the best position to do so. The Federal Reserve System can play this role on a short-term basis - halting panics by lending dollars in...
The answer, if the recent behavior of other sovereign wealth funds and foreign private equity houses is any indication, may be to deliver, in person, a simple message: No. Not again. Not unless you structure a deal in such a way that we simply cannot lose. Otherwise, goodbye. That, in...
With Mugabe and Tsvangirai now locked in a stalemate over control of key portfolios such as finance, security and information, the power-sharing deal appears to have failed in its first test of goodwill. Analysts say the agreement was vague on who would actually have the upper hand in running...