Frombehavioralfinancepoint, the tradingmodel of investment fundmanager under the condition ofoverconfidence is advanced, and the variety of the returns andriskof investment fund is discussed.
"I wanted to go to North Korea and because it was not yet mapped I decided to start mapping so I could at least see how easy it would be to travel within the country, " Sebastiaan van Oyen, who works as a riskmanager for a financial trading firm in Sydney, told the BBC.
"The good thing is that nothing went really seriously wrong--apart, of course, from the economy at large, " says John Bates, general manager of Progress Software, which sells tradingrisk control systems.
It was just the latest reminder of the long shadow cast by the trading loss, which has tarnished the bank's previously sterling reputation as a responsible riskmanager and brought about two congressional hearings.