06
Jan
2012
The 2011 Risk List: The year’s 5 best risk-takers
Categories: Crisis, Financial Services, Friday Risk Reading, Taking & Managing Risk
As 2011 disappears in the rear-view mirror, here’s my list of noteworthy risk-takers over the past year. These are the people and institutions that took risks intelligently and won. The list of risk-bumblers - those who mishandled critical situations - is certainly longer (UBS, Olympus, Yahoo, MF Global, I could go on) but their woes already have been well cataloged, and who wants to start the New Year revisiting disasters?
So here are the top risk-takers:
1. Jefferies. Before this year, mid-size investment bank Jefferies happily stayed below the radar, built its business and made a tidy profit. All that changed when MF Global collapsed and investo...
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