NEW YORK (TheStreet) — Sen. Chris Dodd of Connecticut and Rep. Barney Frank of Massachusetts, both Democrats, saw nothing wrong with the subprime mortgage industry, Fannie Mae or Freddie Mac months before the meltdown.
Hewlett-Packard’s board seemed befuddled by then-CEO Leo Apotheker’s decision to sell off HP’s core PC business.
Incredible experts of investment, J.P. Morgan Chase’s Jamie Dimon and Ina Drew were unable to understand the $2 billion gamble, er, investment, they made. …
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See original here: Is Risk Management too Much for Mere Mortals?
