Riskviews reflects on 2009 and writes:
Perhaps we will look back at 2009 and recall that it is the turning point year for Risk Management. The year that boards ans management and regulators all at once embraced ERM and really took it to heart. The year that many, many firms appointed their first ever Chief Risk Officer. They year when they finally committed the resources to build the risk capital model of the entire firm.
On the other hand…
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http://riskviews.wordpress.com/2009/12/26/risk-management-in-2009-reflections/