risk and liability January 26, 2010
Posted by Bradley in : risk , trackbackAccording to the World Economic Forum’s Risks Interconnection Map, there is a risk that US style liability rules will spread to other parts of the world and this:
reduces personal accountability and loss sharing, and global insurance capacity, undermining investment and growth.
Funny, I thought liability was all about accountability. But the statement refers to “personal” accountability. Perhaps in this context corporations aren’t people.
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