Practical Strategy for Improved Risk Management
Article 9 Collateral Insurance Shifts Risk for
Secured Lenders
The nation’s most respect-
ed financial reporters,
economists and market ana-
lystshave m a d e
today’s r e c e s -
sion and federal
bailouts seem very
complicated. However, to
many, devastating econom-
ic developments particularly
as experienced in the third
and fourth
quarters
of 2008 are
a rather
simple
story of
risk man-
agement
and cred-
it quality.