Management
IMF gives a warning that much efforts is needed by banks to lower their risks
The article is talks about the alerts made by that the International Monetary Fund for banks to come up with solutions to their own problems. It is said that, “when you fail to plain, you plan to fail.” The article’s author is Douwe Miedema and the source is Bloomberg BusinessWeek newspaper. In the paper below, the crisis of bankruptcy in big banks is discussed and their over dependency towards the government. The paper goes further to discuss the improper handling of taxpayers’ money ...