The Real Problem
"The allegations made by the government — fraud, concealment of facts, falsification of losses both internally and to the outside world — are certainly worthy of prosecution. But they don't address the underlying problem: how did a firm renowned for its risk management fail to stop a multi-billion dollar loss in the first place?"
— Michael Bobelian, Forbes
Jonathan Camhi has been an associate editor with Bank Systems & Technology since 2012. He previously worked as a freelance journalist in New York City covering politics, health and immigration, and has a master's degree from the City University of New York's Graduate School ... View Full Bio