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Morning meeting: Bees as masters of risk management

Thursday, August 02, 2012

  UPDATED AT 10:19 AM  EDTMorning meeting: Bees as masters of risk managementCan’t-miss stories from the webGlobe and Mail UpdateThursday, August 02, 2012 Can’t-miss stories from the web Can’t-miss stories from the webDecentralized decision-making, a lack of quarterly targets and careful avoidance of the “too big to fail” syndrome are on display in every beehive. U.S. housing market has hit bottomMarketplace Money’s Chris Farrell says it won’t get any worse, but don’t expect an upswing any time soon.Euro buyers didn’t like Mario Draghi’s press conferenceNot one bit.Why winners continue to win10 important advantages that result from victory.Calls for U.S. banking reforms a little hard to stomachSanford Weill’s recent suggestion that Wall Street investment banks to be broken up is the latest example of former insiders who only change their tune after being forced out.Red faces at Knight CapitalKnight Capital Group Inc. is attempting to explain its trading errors that have resulted in a pre-tax loss of approximately $440-million.