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The ASA Task Force on Liberal Learning and the Sociology Major, Third Edition (LL3) has been working steadily on the charge put to it by ASA Council at their August 2014 meeting: to revise the ASA document Liberal Learning and the Sociology Major Updated: Meeting the Challenges of Teaching Sociology in the 21st Century (McKinney et al. 2004). Perhaps the most important as well as the most cited sociology curricular document in the United States, this revision comes at a critical time when several changes are occurring in higher education.
New research suggests a significant number of national and international American banks hired new Chief Risk Officers to mitigate risk but may have actually helped lead the industry into widespread insolvency.
Starting in the 1990s, many major banks hired Chief Risk Officers (CROs) in a response to new laws and regulations put in place following financial meltdowns in the 1980s. In an effort to comply, banking officials elevated risk analysts to corner offices to show they were serious about tackling risk.