Well first it was Global Trust Bank Then it was Satyam Computers RBI screamed and shouted foul. They said it was only our Hyderabad unit, not all of us. Then people chuckled. They said did you know that the partners of Arthur Anderson (btw the founders were from PWC) are still around. Well read on…NOW […]
‘Subra you did a post on do not trust an employee…can we trust a big branded financial company?’ asked a reader. Of course you can trust a big financial company as long as you can remember that: MF Global misplaced US $ 633 Million (or was it Billion or Trillion – when it comes to […]
Investors face all kinds of risks in the financial markets.There is credit risk – the risk that a borrower will default on an obligation. Liquidity risk – the possibility that you will not be able to convert a security into cash when you need the money. Market risk – the likelihood that the share market […]