<p>Professor Danielsson discusses global banking turmoil and the role of Risk Management in banks. His new book, Illusion of Control, takes a fresh look at managing risk. Diversification of banks' business models should provide shock absorbers to financial markets, helping to lessen the impact of bank failures on the economy.</p>

Professor Danielsson discusses global banking turmoil and the role of Risk Management in banks. His new book, Illusion of Control, takes a fresh look at managing risk. Diversification of banks' business models should provide shock absorbers to financial markets, helping to lessen the impact of bank failures on the economy.

Global Banking Turmoil and the Illusion of Control. Talking with Jon Danielsson, Professor of Finance at the London School of Economics and Director of  the Systemic Risk Center.

We are a "deep dive" news podcast, for Americans who get their news from the Internet. Our mission is to give the listener succinct, fact based analysis both non-ideological and independent from a California, Silicon Valley perspective.

Your host

Jim Herlihy is a published author: his novel “Deceit and Dirty Money” is available on line. He served as President of the SF Public Library Commission 1992 - 1996. While working in Latin America, he was a stringer for The Economist, The Times and the BBC. Jim serves as a director on two SF sister city boards : Bangalore, India and Cork, Ireland.

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We are a "deep dive" news podcast, for Americans who get their news from the Internet. Our mission is to give the listener succinct, fact based analysis both non-ideological and independent from a California, Silicon Valley perspective. Your host Jim Herlihy is a published author: his novel “Deceit and Dirty Money” is available on line. He served as President of the SF Public Library Commission 1992 - 1996. While working in Latin America, he was a stringer for The Economist, The Times and the BBC. Jim serves as a director on two SF sister city boards : Bangalore, India and Cork, Ireland.

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Global Banking Turmoil and the Illusion of Control. Talking with Jon Danielsson, Professor of Finance at the London School of Economics and Director of the Systemic Risk Center.

Global Banking Turmoil and the Illusion of Control. Talking with Jon Danielsson, Professor of Finance at the London School of Economics and Director of the Systemic Risk Center.

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