--- title: "Meaning & Key Takeaway of: When you lose control of risk at a…" description: "\"When you lose control of risk at a financial institution, you do a variety of unfortunate credit extensions or purchases - and all of a sudden, you've ..." image: "https://sms4smile.com/quotes/i/2c7/stephen-a-schwarzman-6794_business_when-you-lose-control-of-risk-at-a-finan_2226496.jpg" --- # When you lose control of risk at a financial institution… ![“When you lose control of risk at a financial institution, you do a variety of unfortunate credit extensions or purchases - and all of a sudden, you've blown up your business.” quote by Stephen A. Schwarzman](https://sms4smile.com/quotes/i/2c7/stephen-a-schwarzman-6794_business_when-you-lose-control-of-risk-at-a-finan_2226496.jpg) [Download](https://sms4smile.com/quotes/i/2c7/stephen-a-schwarzman-6794_business_when-you-lose-control-of-risk-at-a-finan_2226496.jpg) [Open image](https://sms4smile.com/quotes/i/2c7/stephen-a-schwarzman-6794_business_when-you-lose-control-of-risk-at-a-finan_2226496.jpg) > “When you lose control of risk at a financial institution, you do a variety of unfortunate credit extensions or purchases - and all of a sudden, you've blown up your business.” [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Loss of risk control leads to reckless credit actions that can destroy a firm. **In simple terms:** Bad risk control ruins a business. Key Takeaway Maintain strict risk oversight. Themes risk management financial stability corporate governance Mood cautious serious Type advisory warning When to use this quote - banking - investment firms - regulatory compliance Key Concepts credit risk systemic failure decision making Questions to Reflect On - How can firms detect early signs of risk loss? - What safeguards prevent reckless credit extensions? 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