Washington Mutual, was a US bank which went bankrupt at the end of 2008 due to a number of risk management issues. Read the case noted and answer the following questions: A. Develop a risk management programme appropriate for this case (see below risk management template)  Step 1 Risks Brief description & how it relates to the case                       Step 2 List of possible risks Likelihood/Probability of occurrence H/M/L or Nil Impact (if occurred) H/M/L or Nil What is being done about it now What more can be done about it Dept. where risk exposure exists                                                               Step 3 Risk identified Impact (if occurred) H/M/L Probability of occurrence H/M/L Dept. where risk exposure exists Control (Strategy) Review date                                                                           Step 4 Dept. where risk exposure exists Risk/Issue Recommended Actions Risk Rating H/M/L Responsible Person Monitoring Frequency

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Washington Mutual, was a US bank which went bankrupt at the end of 2008 due to a number of risk management issues. Read the case noted and answer the following questions:

A. Develop a risk management programme appropriate for this case (see below risk management template) 

Step 1

Risks

Brief description & how it relates to the case

 

 

 

 

 

 

 

 

 

 

 

Step 2

List of possible risks

Likelihood/Probability of occurrence

H/M/L or Nil

Impact (if occurred)

H/M/L or Nil

What is being done about it now

What more can be done about it

Dept. where risk exposure exists

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Step 3

Risk identified

Impact (if occurred)

H/M/L

Probability of occurrence

H/M/L

Dept. where risk exposure exists

Control

(Strategy)

Review date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Step 4

Dept. where risk exposure exists

Risk/Issue

Recommended Actions

Risk Rating H/M/L

Responsible Person

Monitoring Frequency

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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