Re: Operational Risk

Michael,

The science of measuring operational risk is in its early stages of
development.
There are really no cook-book solutions. One has to use creativity and a lot
of common sense.

Vince

To: Vince J Kaminski/HOU/ECT@ECT
cc:
Subject: Operational Risk

Mr. Kaminsky,

Recently, I read articles published by GARP and monographs in a book
published by GARP. Although they are excellent sources of introduction to
operational risk, none of them have any details on the "how to."

If you know of a good book or book(s) could you recommend one?

Thank you.

Michael Kim