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Buy custom The Subprime Mess: Incntives That Help

Essay's paper info
Topic: Business
Number of pages / Number of words: 6 / 1576
Essay's paper body

“Both

National City and Citigroup tapped new CROs from internal ranks (Dale Roskom and

Jorge A. Bermudez, respectively) following mortgage-loss write- downs in the fourth

quarter.”

Cause. This condition occurred because incentives for a successful risk management

process have been placed incorrectly...


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Bermudez, respectively) following mortgage-loss write- downs in the fourth

quarter.”

Cause. This condition occurred because incentives for a successful risk management

process have been placed incorrectly. At AmSouth which was recently acquired by

Regions Financial, the incentive plan for commercial loan officers rewards them based on

profitability of new business...


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