A Risk Manager Called 'Cassandra'
As disaster approached, where were all the risk managers ?
Recent events appear to suggest that risk management in some financial institutions has, to put it mildly, left something to be desired - so where were all the risk managers ?
Cassandra was a prophetess in ancient Troy who correctly foresaw disaster. She was then ignored and locked up, suspected of being mad. As the story unfolds, things do not go well for Cassandra, and there seem to be some lessons that perhaps we should have learned.