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	<title>Comments on: Who&#8217;s to Blame for the Credit Crisis?  How About IT!</title>
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	<link>http://blogs.gartner.com/french_caldwell/2008/10/13/whos-to-blame-for-the-credit-crisis-how-about-it/</link>
	<description>A member of the Gartner Blog Network</description>
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		<title>By: Christofis Constantinidou</title>
		<link>http://blogs.gartner.com/french_caldwell/2008/10/13/whos-to-blame-for-the-credit-crisis-how-about-it/comment-page-1/#comment-21</link>
		<dc:creator>Christofis Constantinidou</dc:creator>
		<pubDate>Tue, 18 Nov 2008 22:32:37 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.gartner.com/french_caldwell/?p=4#comment-21</guid>
		<description>The question should be, was the gap between business and Information Technology too great and who signed it off? 

OR in deed not! ... Who knows if the financial organisations were industrialised with a robust framework strategy that was portable for hard times (with contingency). Why didn&#039;t industry lead measures kick in? With true measurement, That wasn&#039;t the banks fault!!!???

Do we know what &quot;GOOD&quot; is and how we measure it?  Was the error&#039;s strategy, process, could we simply blame people? or was this only a proportion of the real issues? 

To blame I.T is quite simply naive. Without investigation none of us can provide a quantitative or qualitative view. To say it was a dreadful shame would be an understatement... How can we mitigate such events in future? By utilising the correct auditing tools, and business applications however these need to be components within a 360 degree robust strategy framework, measurement gates and collaboration between independent consultants and corporate management. Ones that  will share a risk in the game .... and not simply provide  service  for  fees  without  sharing  in rebuilding the history and fine tuning into a successful future..</description>
		<content:encoded><![CDATA[<p>The question should be, was the gap between business and Information Technology too great and who signed it off? </p>
<p>OR in deed not! &#8230; Who knows if the financial organisations were industrialised with a robust framework strategy that was portable for hard times (with contingency). Why didn&#8217;t industry lead measures kick in? With true measurement, That wasn&#8217;t the banks fault!!!???</p>
<p>Do we know what &#8220;GOOD&#8221; is and how we measure it?  Was the error&#8217;s strategy, process, could we simply blame people? or was this only a proportion of the real issues? </p>
<p>To blame I.T is quite simply naive. Without investigation none of us can provide a quantitative or qualitative view. To say it was a dreadful shame would be an understatement&#8230; How can we mitigate such events in future? By utilising the correct auditing tools, and business applications however these need to be components within a 360 degree robust strategy framework, measurement gates and collaboration between independent consultants and corporate management. Ones that  will share a risk in the game &#8230;. and not simply provide  service  for  fees  without  sharing  in rebuilding the history and fine tuning into a successful future..</p>
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		<title>By: Jeffrey Mann</title>
		<link>http://blogs.gartner.com/french_caldwell/2008/10/13/whos-to-blame-for-the-credit-crisis-how-about-it/comment-page-1/#comment-7</link>
		<dc:creator>Jeffrey Mann</dc:creator>
		<pubDate>Fri, 24 Oct 2008 08:58:56 +0000</pubDate>
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		<description>I obviously agree. 
http://blogs.gartner.com/jeffrey_mann/2008/10/06/how-long-before-it-gets-blamed-for-the-financial-crisis/</description>
		<content:encoded><![CDATA[<p>I obviously agree.<br />
<a href="http://blogs.gartner.com/jeffrey_mann/2008/10/06/how-long-before-it-gets-blamed-for-the-financial-crisis/" rel="nofollow">http://blogs.gartner.com/jeffrey_mann/2008/10/06/how-long-before-it-gets-blamed-for-the-financial-crisis/</a></p>
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		<title>By: Peter Teo</title>
		<link>http://blogs.gartner.com/french_caldwell/2008/10/13/whos-to-blame-for-the-credit-crisis-how-about-it/comment-page-1/#comment-3</link>
		<dc:creator>Peter Teo</dc:creator>
		<pubDate>Thu, 16 Oct 2008 06:36:17 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.gartner.com/french_caldwell/?p=4#comment-3</guid>
		<description>Interesting, but how can IT prevent human greed?</description>
		<content:encoded><![CDATA[<p>Interesting, but how can IT prevent human greed?</p>
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