The search found 2 results in 0.009 seconds.
The improbable rise of Bernie Sanders' presidential campaign presents an interesting question: why is Sanders, a self-proclaimed "democratic socialist," running as a Democrat? "In any other industrialized country, Sanders would likely be the standard-bearer for a labor or social democratic party," said McGill University sociologist Barry Eidlin, whose new study appears in the June issue of the American Sociological Review. "But the U.S. famously lacks such a party."
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.