Banks are not the only ones with tarnished reputations as the world’s financial problems roll on. There are problems for internet publishers as well.

Take the example of and its partner hard copy version Risk Magazine . This self described “unique resource dedicated to anyone who needs to manage risk” makes annual awards which recognize “those institutions that have weathered the storm in the financial markets and have continued to provide liquidity and structuring know-how to clients.”

And the 2008 Equity derivatives house of the year on the Risk Honour Roll is? Société Générale.

No doubt there are now seven billion reasons the magazine would like to change its mind.