Risk Management

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Greg MacSweeney
Greg MacSweeney
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The Facebook IPO Debacle, JPMorgan Deja Vu, What Will RIM Do With the BlackBerry? and More Quotes of the Week

Facebook's flubbed IPO, too-big-to-fail banks, RIM/Blackberry's future, JPMorgan's financial circus deja vu and the euro's coming armageddon are just a few of the quotes that made it to this week's quote roundup.
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4. Deja Vu

I think that the events of the last two weeks are a stark reminder of what we knew in the 2008 crisis. The risk can come crashing back here pretty quickly.

— Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), on JPMorgan’s $2 billion loss.

Source: New York Times Dealbook

 

Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio

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