PRA

Concentrating on Concentration Risk

Concentrating on Concentration Risk

Concentrating on Concentration Risk Senior economists such as Ben Bernanke were still studying the Great 30’s Depression when the financial crisis struck in full force circa 2007. Given the complexity of the modern economic and financial landscape compared to the blessed good old days – we have no reports of FWMD (financial weapons of mass destruction) from back then – we can reasonably project that economists will be studying and pontificating on causes and remedies for the current crisis for the next 100 years or so…