Ultimate Risk

Daniel talks with Adam Raphael, author of 'Ultimate Risk', about the financial crisis the British insurance company Lloyd's of London is currently facing. Raphael says Lloyds, known for 300 years as a reliable and respected feature of British establishment, is now caught in a scandal of corruption and fraud that will cost investors millions. And will have ramifications for insurance companies in the United States as well. The book's publisher is Four Walls, Eight Windows in New York.