The closest analogy to what is happening in the financial services industry
is the major financial upheavels during the 1929 Stock Market crash, and the
subsequent Great Depression. The US government is fighting to push
through a $700B bailout package to attempt to prevent further catastrophic
damage to the US (and international) financial service system in the
wake of the immense mortgage debacle.
This is just the beginning of what's to come. Out of chaos comes new
order. What will that look like? How can innovative minds understand
the underlying causes that brought about this massive disaster, and
how can innovation be used to address underlying root causes,
introduce accountability (as well as fluidity) into the financial services
marketplace? What new business opportunities can be formed that
will not only be profitable, but can help to stabilize and improve financial
markets, monitor critical variables, and make corporate leaders decisions
visible (before they create disasters), and balance the profitability of
financial service companies with risk exposure of Main Street (with the
least amount of politics!).
Brief theory: Increase visibility into the underlying workings of the systems in
the financial services industry. Replace opacity with real transparency.
Charlie Peppler
Founder and CEO
Capnetix
http://www.capnetix.com
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