Bob Monks: New Message & A New Site

kristy Reforming Global Finance, Advisors' Forum

Responding to the FCIC report, Part I

Many people have commented on the Financial Crisis Inquiry Report released in January. After following the Commission’s progress and reading much of the press on it, I also offer my thoughts and I present two main for discussion:

the financial crisis was and is a failure of governance and
executive management took excessive risk for corporations while risking almost nothing for themselves.

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