Most serious issue presently affecting the global markets?

TheTrader Wrote: ------------------------------------------------------- > Big Nodge - Couldn’t agree with you more. > > Looking at the bigger picture, I think risk > managemet is still greatly lacking to deal with > the new financial wizadry which has caused this > crisis in the first place. > > So in short, could risk management be blamed for > this whole debacle? or would that be too naive? Risk management is far too narrow to backward looking to have headed this off. Look to the system of incentives that got us here and you will understand that.