Archive for December, 2008

Vast Majority of Banks Lack Enterprise-Wide View of Risk

Financial crisis creates shift in strategic priorities, says Ernst & Young’s second annual risk study Only 14% of respondents in a survey of top executives at nearly 40 global banks indicated they have a consolidated view of risk across their organizations. According to Ernst & Young’s second annual study on risk governance entitled Navigating the [...]

Business Owners Seek Answers as Economy Slows

Many Turn to Business Coaching to Leverage Profits and Navigate Tough Markets As bad economic news continues to worsen, many owners of small and medium-sized businesses are turning to an alternative source of business development strategies to positively impact their companies. While conventional informational tools such as books and workshops continue to offer advice and [...]

Saxo Bank Predicts 2009 Will Hit all Economic Lows

Crude trading at $25. S&P 500 falls 50% to 500. China’s GDP growth falls to zero. EURUSD falls to 0.95. Italy to leave the ERM. If Saxo Bank’s 10 outrageous claims for the year ahead transpire, economic conditions will worsen dramatically in 2009. “The good thing is, overall, we predict 2009 will be a turning [...]

Home Equity Stripped Away in 2008; Nearly US 2 Trillion in Home Values Lost This Year

Better News for Some Regions: Pennsylvania, Carolinas Have Year’s Healthiest Regions, according to Zillow(R) Real Estate Market Reports U.S. homes are set to lose well over $2 trillion in value during 2008, according to analysis of recent Zillow Real Estate Market Reports(1). Home values declined 8.4 percent year-over-year during the first three quarters of this [...]