The Cold Hard Facts

Editor’s Letter

This is what Peter Kelso, managing director and CIO of Deutsche Bank's DB Advisors hedge fund group, told audience members in his keynote address at the DWT 2009 conference last month in London hosted by Waters' sibling newsletter Dealing with Technology.

Kelso's honest and bracing words were undoubtedly heard loud and clear by CIOs who face great challenges in this recession. What can they do with fewer IT dollars, a tighter staff, worried management, and wounded yet brazen traders hungry to

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