Implications of the Financial Crisis
The financial crisis continues to spread, within the past two weeks, we have seen the fall of Fannie Mae, Freddie Mac, Lehman Brothers, Merrill Lynch and AIG in the US alone. (In the United Kingdom HBOS has fallen, with others on rocky ground, and in Australia Macquarie Bank is likewise at risk.)
These are fiscal events, and many in the security and law enforcement arenas (for the two are different, despite the perceptions of many that expertise in one translates to expertise in the other) are thinking about their own personal finances, but not about the implications for their operations.
