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Unformatted text preview: It would seem that this is bound to happen more often than we are aware, yet there are a few large cases of such actions making the news because of their overwhelming cost, such as in Kerviels case along with Enron. . As an executive at another bank you should be able to determine from this article that though risk at times is a good thing it should not be the main focus by an organization. One should pride themselves on the honesty and integrity of their organization; you would want to win customers by displaying these qualities in your business. At a bank you want the customer to feel at ease with you handling their money and the top priority should be to make that customer want to invest more with the company and to bring others to the company to do the same. Reference Brickley, J. A., Smith, C.W., & Zimmerman, J. L. (2009). Managerial Economics and Organizational Architecture Fifth Edition. New York: McGraw-Hill Irwin....
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This note was uploaded on 11/01/2011 for the course MBA 575 taught by Professor Dr.tvorik during the Spring '11 term at St. Leo.
- Spring '11