Source : http://www.bloomberg.com/apps/news?pid=20601087&sid=aptzWbDXOdR4&refer=home Here comes an example of how risk management at "a firm with a reputation for strict risk management " works : Chief Financial Officer Samuel Molinaro said the asset-management arm is sealed off from the rest of Bear Stearns with a ``Chinese wall.'' ``Clearly there are controls in place in the asset- management side too,'' Molinaro said on the call. ``Obviously we didn't envision market dislocation of this degree.'' WOW, Mr. Molinaro I am REALLY impressed with this kind of statement. May I ask whether you sent your Risk Manager to a Cayman Island golf tournament ??????