April 28 (Bloomberg) -- Nassim Taleb, options trader turned best-selling author, talks about risk management controls in the banking industry, the need for new strategies to prepare for unforeseen events in the financial markets, and the outlook for his career. Bloomberg's Mike Schneider reports from New York. (Source: Bloomberg)

00:00 Nassim Taleb discusses risk model strategies.

Running time 04:04

Last Updated: April 28, 2008 15:40 EDT