Trading desks would estimate the maximum possible loss on risky assets, hedge it and then record the net risk as minimal, inadvertently concealing huge tail risks in the gross exposure.
According to FAO investigation, provision loss, due to insects, account to 4-8% in provision-storage gross, and even high up to 30% in some countries.
据联合国粮农组织调查,全世界因储粮害虫造成的损失为总储存量的4 ~ 8%,有些国家甚至高达30%。
3
Those who involve in gross neglect of duty, jobbery or seeking personal gain by taking advantage of their position so as to cause impact and loss to corporate image and interest.