Thread: piss poor day
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Old Apr 03, 2014, 02:18 AM
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ToeJam ToeJam is offline
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Member Since: Sep 2013
Location: UK
Posts: 2,605
Quote:
Originally Posted by zinco14532323 View Post
How many stories did we hear after the big banking collapse in 2007 2008, that effected the UK, the US and Europe, that upper management didn't listen at all to the risk managers. The risk managers were screaming about all these real estate derivatives and so on and no one listened to them.
I think (from personal observation) that people who deal with risk are often considered over zealous and very pessimistic… and I know I’ve been accused of not seeing the bigger picture… i.e. needing sales for the company to survive.

On the flip side, when we mutter ‘a sale is only a sale once the money is securely paid into the bank’ you’re essentially talking to yourself as they’ve buggered off by that point or closed their mind to any further discussion
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