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The New Bank

The New Bank

While there have recently been a large number of articles written on how disastrous 2008 was for the banking industry, I definitely do not want to add more doom and gloom on top of this. My only observations are very simple: primo - Why was this a surprise for us taking into account the advanced levels of analytics we have at our disposition? and secondo - Why did we react as if we were the victim of a higher power while all this pain was self-inflicted? Everything has a reason in life and therefore these events (and the ones which are yet to come) are a blessing, necessity and opportunity.

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