Managing risk - short term rewards and long term performance

http://www.globalchange.com Risk management and banking – bonus risk. Bonus for fund managers rewards short term gain and long term risk. Problems for risk management of banks, hedge funds, investment funds. Reducing risk in financial services. Sub-prime crisis, bad loans. Low returns, changing bonus structures for remuneration smoothed over business cycles. Boom and bust.Dr Patrick Dixon, Futurist and author of 12 books on global trends. Euro, sterling, currency, inflation, risk, fund management, risk management, managing risk, central bank, bank, fiancial risk, crisis, banking, reward, motivation, share options, bonuses, England, interest, rates, control, economy, growth, recession, economic.