Abstract
The financial crisis that began in 2007 and accelerated greatly in 2008 has posed a unique challenge for the regulators of financial intermediaries. The speed and severity of the events that transpired have been quite a shock to the financial and political system in the United States, and subsequently, worldwide.
This crisis has posed a unique challenge for regulators. And, it has brought to the forefront the following key question: What should regulators do with an impaired financial institution?
Keywords: Enterprise Risk Management
Page
8-10
Year
2008
Categories
Actuarial Applications and Methodologies
Enterprise Risk Management
Publications
Risk Management: The Current Financial Crisis, Lessons Learned and Future Implications