Remove Asset Management Remove Banking Remove Collins Remove Finance
article thumbnail

Five House Rules for Managing Risky Behavior

Harvard Business Review

Maine Senator Susan Collins countered by pointing out that (1.) One of my clients, a CEO of an asset management firm, said to me, "I would not blink if one of my fund managers lost $10 million due to a wrong bet, but I would fire him immediately if he cheated $10 on his expense report.".