Posted on Friday, 11th September 2009 by Keane Unclaimed Property Team
By Peter Teuten, President of Keane Unclaimed Property’s Business Risk Management Solutions
Ignorance is bliss – right? I think we have all come to view that cliché with disdain during the economic crisis. The known risk is often the most easy to manage. The hidden risk is obviously less easy to measure, manage and monitor. This was/is true of the highly leveraged mortgage and lending industries, the Wall St. investment banks, and even government.
An example of this kind of hidden risk that I see a great deal of is in the area of unclaimed property and reporting.
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