The book Fast Food Nation was one of my favourites when I read it years ago specifically the chapter about the risks of E. coli and the meat packing industry. One of the most memorable quotes I know came from this book: “There is shit in the meat”. Well I guess now we can say [...]
Archive for the ‘My Opinions’ Category
Rant about mobile phones and E. coli
Posted in Books, Humour, My Opinions, Risk management, tagged Android, BlackBerry, E. coli, Fast Food Nation, hand washing, iPhone, shit on October 19, 2011 | Leave a Comment »
Risk management oldies but goodies
Posted in Books, ERM Basics, Frameworks, Humour, My Opinions, Office and culture, Risk management, tagged assess, Buffet, CEO, CRO, derivatives, enterprise risk, ERM, Grover, HR, Riskczar, technology, The Monster at the End of This Book, wireless on October 12, 2011 | Leave a Comment »
The good folks at Riskviews got me thinking about my least read posts. I’ve been doing this for a few years and understand that no one wants to scroll through over 300 blog entries to find some gems from 2006. So here are a few items you may have missed that might be worth your [...]
Steve Jobs and my earliest Apple memories
Posted in My Opinions, tagged apple, DOS, IIe, Mac, Steve Jobs on October 7, 2011 | Leave a Comment »
Since the world is singing the praises of the late Steve Jobs, I thought I would share my earliest Apple memories. It was probably 1981. I was in the sixth grade when my friend first mentioned his Apple computer. I had no idea what a computer actually was nor what it did or looked like. [...]
There’s risk in relying on risk managers
Posted in ERM Basics, Frameworks, My Opinions, Risk management, tagged Andrew Hill, Carsten Kengeter, delta, FT, Globe and Mail, Kweku Adoboli, maure, Oswald Grübel, UBS on September 20, 2011 | 2 Comments »
Andrew Hill from the Financial Times writes there’s risk in relying on risk managers. He also notes that despite Carsten Kengeter’s assertion: “We will not rest until we have controls that are as watertight as possible”, we all know that organizations cannot function without taking any risk. Banks and investment banks are in the business [...]
Risk management is neither the cause nor the solution to UBS’s problems
Posted in My Opinions, Risk management, tagged Adoboli, Amanda Lang, CBC, delta, derivatives, fraud, Ghana, Maureen Miskovic, Oswald Grübel, risk management, rogue, Suisse, Swiss, Swiss bank, Switzerland, trader, UBS on September 16, 2011 | 2 Comments »
A headline today on CBC.ca reads “UBS case latest failure of risk management”. I think I will spend the rest of the day being offended by the CBC. (All will be forgiven if Amanda Lang appears on the National tonight.) Despite all the systems, oversight, controls, compliance, supervision and some other sixth thing, you can’t [...]
Reading the fine print risk management
Posted in My Opinions, Risk management, tagged conditions, fine print, risk management, terms on August 18, 2011 | Leave a Comment »
Terms and conditions. Terms of use. Cardholder agreement. Just like Satan, the fine print has many names. The Guardian reported in May 2011 that only “7% of people actually read the full terms when buying a product or service online, while a fifth say they have suffered from not doing so.” The article describes how [...]
Broken links
Posted in My Opinions on August 4, 2011 | Leave a Comment »
Hello readers. I would like to apologize for any broken links you may be experiencing on the site. I’ve removed many of the links to documents and photos that appeared on Riskczar.com to mitigate any litigation risk. Seriously. Trevor
Voldemort vs Taleb Deathmatch
Posted in Books, Humour, My Opinions, Risk management, tagged Black Swan, death, risk management, Taleb, Voldermort on July 15, 2011 | 3 Comments »
With all the hype surrounding the final Harry Potter movie, I thought I would compare Voldemort to Nassim Taleb, financial guru and author of the book “The Black Swan”, to see who is greater. (Plus I thought it might be funny.) (Removed a really good photo of Voldemort and Taleb) Place of Birth Taleb: Amioun, Lebanon (winner) Voldemort: [...]
Reputation risk: Is Delta Airlines the Mel Gibson of aviation?
Posted in My Opinions, Politics, Risk management, tagged airlines, delta, Israel, Jewish, Mel Gibson, reputation risk, Saudi on June 24, 2011 | 1 Comment »
Has Delta Airlines become the Mel Gibson of air travel? As Riskczar.com reported recently, Delta Airlines took a reputation hit because it was charging US soldiers $200 for shelping their four piece of luggage when returning from the War on Terror. Now, they are coming off like anti-Semites. When Delta Airlines took over Northwest Airlines and their [...]
