Own Risk Links

AdVoice: The Right Kind of Risk Management

“You should not put your own money at risk,” Rep. Barney Frank said to federally-insured banks Wednesday on CBS This Morning. “We now have a stronger argument for a Volcker Rule that says ‘No’ to a bank: ‘Your main job is lending and managing the money of your clients.’”

Managing Risk in Your Nest Egg - Your Money

In light of JPMorgan Chase’s multibillion-dollar loss, a look at how individuals can manage risk in their own investments with trade-offs and moderation.

JPMorgan Investment Unit Played By Own High-Risk Rules-Reuters

The JP Morgan Chase & Co.'s (JPM) CIO unit that lost more than $2 billion through failed investment strategies had more lenient risk controls than the rest of the bank, Reuters reported Wednesday, citing people familiar with the situation.

JPMorgan CIO Risk Chief Said to Have Trading-Loss History

Irvin Goldman, who oversaw risks in the JPMorgan Chase & Co. (JPM) unit that suffered more than $2 billion in trading losses, was fired by another Wall Street firm in 2007 for money-losing bets that prompted a regulatory sanction at the firm, Cantor Fitzgerald LP, three people with direct knowledge of the matter said.

Beetle risk prompts firewood ban at Kouchibouguac

Campers heading into Kouchibouguac National Park will no longer be allowed to bring in their own firewood because there's a risk the wood could be harbouring tree-destroying brown spruce longhorn beetles.