Article

2023-03-12 Economy

While Silicon Valley Bank collapsed, top executive pushed 'woke' programs

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Posted by Fred 2023-03-12 00:00|| || Front Page|| [4 views ] Top

#1 Ersapah couldn’t immediately be reached for comment.

Reporter bears watching. Just about killed me, that.

Posted by Vortigern Omoluque9456 2023-03-12 01:02|| 2023-03-12 01:02|| Front Page Top

#2 Risk management, which used more accurately to be called "Credit," is actually the most important department in a bank. Who is and is not going to pay back a loan? How do you manage duration risk (which apparently was a big problem at SVB)?

Paradoxically, in my experience, Risk Management is also the department that is the most useless in today's banks because it is staffed with people who are most out of touch with reality and with what they are supposed to do.

If you wanted to destroy America's banking system, you would do exactly what America's banks have done with their Risk Management departments.

Posted by Tom 2023-03-12 13:36|| 2023-03-12 13:36|| Front Page Top

#3 My RMI degree was all insurance

Robinson College of Business
Risk Management & Insurance , B.B.A.

Risk management is the critical piece that enables businesses to function, leap over hurdles, and adeptly handle roadblocks. Organizations that don’t effectively predict and mitigate risks face the possibility of unrecoverable financial setbacks and, ultimately, total failure. They’re basically like skydivers without parachutes.

Risk management professionals are extremely well-paid, heavily recruited, and oftentimes the coolest people in meetings and boardrooms. Robinson is the perfect place for you to pursue an undergraduate degree in risk: we prepare students from all backgrounds for successful careers in risk-related fields.

Extensive Financial Support
Eligible sophomores and juniors in good standing receive $500 per year. Pell-eligible students get $2,000 their sophomore and junior years. In addition, the department offers a variety of other scholarships. We want to support you, so you can focus on school!

We’re Nationally Ranked
U.S. News & World Report ranked our B.B.A. in Risk Management & Insurance #4 in the nation in 2023. Our department is highly respected, too. We’ve been a Center of Actuarial Excellence for more than a decade. Plus, the University of Nebraska-Lincoln ranks us #1 in North America for research productivity in actuarial science.

Posted by Beavis 2023-03-12 14:50|| 2023-03-12 14:50|| Front Page Top

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