By rolling dice?
Risk management is about culture
Risk management is about culture:
“If you’re the head of risk and you let a $60m loss go by, then a $200m loss, and you don’t ask what the hell is happening here, what are you doing?”
"At Credit Suisse Group AG, executives had given the point salesman to Archegos Capital Management on its swaps desk the new responsibility of instead overseeing risk-taking in the broader prime-brokerage unit"
bloomberg.com/news/articles/…
original thought is here
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