Dear GlobalRisk Community member,
"Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas gambling places." — Thomas Sowell
The IMF is in Ireland to look over the Irish books. Ireland is the next after Greece to get bailed out either by the ECB or by the IMF, and it will have to pay the price by either adjusting its corporate tax structure, currently the lowest in the EU, or by imposing some severe social cuts programmes. Ireland has gotten into this mess a little bit differently than Greece. In Ireland the Banks and not government fiscal problems created problems by providing ridiculously cheap loans which blew back into their face. Irish Banks inflated the Real Estate bubble which has blown up recently, leaving hundreds of thousands of non-completed houses and insolvent banks.
Who will be next? Portugal and Spain have large sovereign debts and unemployment rates and things are moving very slowly there to help them to emerge from the crisis on their own. The Euro still managed to avoid collapse because the European mechanism was already in place after the Greek fiasco.
By the way if you've got a frog for a picture, hurry up and replace it!
Issue highlights:
3 more new groups have been launched inside our community:
There are some interesting discussions going on out there. Every GlobalRisk Community member can read the publications in both groups, but to write a post or a comment you should become a member.
We encourage members from other countries to take the initiative and create a country or region specific Group where you can find colleagues and discuss common issues.
This is an interesting development because by actively creating both geographical and specific groups, our community can become a single place to horizon scan the emerging risks as observed by Stuart Wardle in his discussion at the UK group.
New discussions and blogs:
There were many new and interesting posts and discussions started at the last couple of weeks on our community site.
For those who missed the previous issues and for new members I recommend to check out the interview with Mr. Amer Chaudri about his book “Diatribe”. His story touches on everyday banking people as well as scandal-ridden executives. It speaks to the non-professional as much as to the expert. You can read large excerpts from the book and buy it from both Amazon and Flipkart.
New features on Global Risk Community.
You can sign in now to your GlobalRisk Community account using major web services such as Yahoo!, Facebook and Google. Take a look at the Registration box on the main page – top right side.
Nominate GlobalRiskCommunity for a prestigious award!
You can now nominate the GlobalRiskCommunity for a very prestigious award set up by Mashable , one of the largest authorities in the social media sphere. The category we think we fit the best is "Best Social Media Service for Small Business ".
We have completely renewed our Books page http://www.globalriskconsult.com/library.php. Now you can find the best Risk books, make your search and buy them. You can also advise on your preferred book so we can put it in the selection. Members who are interested in receiving more regular risk updates and insights are welcome to subscribe via the following link: http://eepurl.com/3ftg
Take a few moments and give us your feedback
Our Risk management survey had a great success and we will analyse the results during the next couple of weeks and issue a Press Release. In the meantime we prepared another survey, this time to evaluate ourselves, our community and it’s services.
1. How would you rate the Global Risk Community on the scale from 1 to 10? 2. What shall we do to achieve the highest rank 10? Please take a few moments and answer these two questions via the following link or just by visiting our main page.
Commercial opportunities: Companies and individuals are welcome to become sponsors. We have prepared a very attractive package for sponsors and advertisers. We want to propose opportunities such as: A dedicated section of the website to talk to members, possibilities for product focus groups, market research, white papers marketing, polls, surveys, videos , etc; Host online/offline events, webinars, chats; full details can be found on the following link: http://www.scribd.com/doc/35061094/GRCsponsorship; We are open to discuss any dedicated solutions that might suit your organisation and budget.
YOUR COMPANY on the GlobalRisk community. Our business model is based on a number of faithful partners or sponsors, coupled with the possibility for companies to place commercial advertisements. Do you want to be one of our faithful partners or sponsors, create your company page or advertise on our site?
Media Kit:
For companies considering the advertising campaign for the Risk Market we prepared our Media Kit which is available on request http://www.globalriskconsult.com/media_kit.php. For your reference, the new media kit for 2011 will also have a substantial rate increase on it which reflects our membership growth. If you do want to book in for next year, we can still offer the current rates up until the 1st December, after which the new media kit will be released and the new rates will be in place.
Thank you for being here. Boris Agranovich GlobalRisk Community, Founder | 
