The six-month survey sampled 185 senior managers and C-suite risk management professionals from major capital markets firms in North America, EMEA and APAC on the latest challenges facing the global capital markets industry.

FORBES: Evolving the Perfect Stress Test

The performance of individual financial institutions was judged by their profits, their capital cushions and their risk-management systems, which were supposedly becoming ever more sophisticated but failed to detect the approaching systemic collapse.

ECONOMIST: In praise of the ideas of Russ Ackoff

She is the founder of Kayyem Solutions, LLC, providing strategic advice to a range of companies in technology, risk management, mega-event planning, venture capital and more.

CNN: About

In general, effective government oversight of individual institutions increases financial resilience and reduces moral hazard by attempting to ensure that all financial firms with access to some sort of federal safety net--including those that creditors may believe are too big to fail--maintain adequate buffers of capital and liquidity and develop comprehensive approaches to risk and liquidity management.

FORBES: Transcript

Since they are leveraged institutions (they have a small amount of capital backing lots of assets), with nowadays more or less mechanical risk-management systems that in effect force them to sell when losses mount, this probably also increases volatility.

ECONOMIST: Buttonwood

Money manager Adam Newar with Eden Capital Management in Houston likes Nabors Industries and Patterson Energy, which focus on drilling low-risk gas wells on land.

FORBES: Roughneck stocks

Create financial risk management controls reasonably designed to prevent the entry of orders that exceed appropriate pre-set credit or capital thresholds, or that appear to be erroneous.

FORBES: No More Tolerance For Unlicensed Driving In The Markets