Doug Laney

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Entries Tagged as 'asset management'


Blunderfunding: How Organizations Use Failure as a Basis for Budgeting

by Doug Laney  |  January 17, 2012  |  3 Comments

A major Wall Street securities ratings firm ignores the recommendations of a consultant report it paid for on rating collateralized debt obligations (CDOs)–contributing to the collapse of the mortgage industry, near-collapse of the banking industry and a multi-year global recession requiring $trillions in government (tax payer) dollars to avoid a full-blown Depression. A major video [...]

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