Reflecting on Sept. 11

September 2006
Investment Dealers' Digest;9/11/2006, Vol. 72 Issue 34, p10
Trade Publication
The article reflects on the impact of the September 11, 2001 terrorist attack in the investment banking. According to Stephen Blank, a senior fellow in finance at the Urban Land Institute, terrorism is like a low grade virus in a computer. It slows up some of the decision making in the industry. David Merkel, senior analyst at Hovde says that the attacks accelerated the trend of moving insurance pricing from broad categories to intensive data collection, making the insurance cells smaller.


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