New York City
No matter how many regulations or internal fail-safe systems anorganization or a government puts in place, preventing systemiceconomic collapses means challenging peoples' worst instincts,attendees at an enterprise risk management conference werewarned.
Following a wide-ranging panel discussion of the financialmeltdown and its implications for corporate governance–titled, "AConversation About Risk: What Keeps You Up At Night?"–an audiencemember asked the experts to explain how companies and regulatorscan mitigate "people risk" to discourage behavior that is at bestreckless, and at worst unethical or even illegal, when thepotential for large profits looms.
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