Financial Crisis - Do You Know Where Your Records Are?

With the meltdown of the world's financial markets over the last few days, it should come as a shock to no one that pension holders, stock owners, and state governments are suing or considering lawsuits against various actors in the financial crisis, including investment banks, bond ratings agencies, and agencies such as Fannie Mae and Freddie Mac.

As noted in this article in Information Weekly, these pending and proposed lawsuits are going to require financial services companies to produce reams of e-mail and other communications, not to mention transaction records and other financial data.  Is your company ready to deal with the production of its electronically stored information?  If you were asked tomorrow to do so, could you? 

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