Wednesday, December 1, 2010

German Chancellor Angela Merkel: Risk Averse?

Given that the recent WikiLeaks revelation has allegedly revealed Chancellor Merkel as “risk-averse”, can she eventually use this “cloak-and-dagger-gossip” to her advantage?

By: Ringo Bones

The worlds leading insurance providers are all probably very busy at this very moment trying to “monetize” the damage made by those pesky WikiLeaks on-line revelations. Around November 29, 2010 the most “unusual” of these revelations is probably on German Chancellor Angela Merkel on her being “risk-averse” as uploaded by a Wikileaks whistleblower from top secret US Diplomatic Cables. Even though being risk-averse has never been a disparaging trait in established German cultural norms, can Chancellor Merkel eventually use this rather pesky cloak-and-dagger gossip to her advantage?

Even though the risk-averse accusation of Chancellor Merkel is speculative at best, after all she managed to okay “less-than-business-friendly” climate bills / greenhouse gas reduction bills during her first term in office that wasn’t really business friendly and she managed to secure a second term. And they call her risk-averse? After her term ends, Angela Merkel could probably earn a lucrative living in the speaking circuit like speaking in seminars of graduating college students slated to work in the insurance industry given her risk-averse nature. Merkel’s advise to prospective claims adjusters and insurance brokers who will soon be very busy leaning into a team of insurance underwriters in the underwriters’ box at Lloyd’s is probably good as gold if she embraces her “risk-averse” personality.

During the past few years, former US President Bill Clinton had made a “killing” in the speaking circuit when it was revealed that Cushman & Wakefield had paid the former US president rather handsomely in one of his famous speaking gigs. At the end of her term as Germany’s chancellor, Angela Merkel would probably become a guest speaker of choice in various Eurozone insurance company functions thanks to WikiLeaks. At least the current German chancellor has never resorted to mangling the English language in order to advance her own political ends like that former Alaska governor named Sarah Palin.


Mischa said...

In truth, diplomatic cables are not that diplomatic. Chancellor Merkel's risk-averse nature might soon make her a hit in insurance convention speaking circles. Bill Clinton did it with Cushman & Wakefield.

Ringo said...

You're probably right Mischa, German Chancellor Angela Merkel's risk-averse character makes her an ideal insurance actuarial analyst / risk assessor.