What an amazing story – Chesley Sullenberger, a 57-year-old pilot for U.S. Airways, lands a crippled jet in the Hudson River on Jan. 15 and all 155 passengers escape. I have become so accustomed to bad news that a story about a hero really makes an impression on me. Sullenberger implemented three … Read more
The prospect of impeachment of Illinois Gov. Rod Blagojevich and his removal from office has cleared the way for legislation that would return money to many state banks. [Continue]
What customers want to hear. [Continue]
Given that it is two weeks into 2009, you may have already decided to drop your New Year’s resolutions. I am here to suggest four new ones. You will be a better banker a year from now if you are able to follow up on even one of these. No. 1: Redirect … Read more
Bankers confirmed that the economy is weak and credit conditions are tightening, while economists predicted continued economic troubles well into 2009. [Continue]
Community bankers have long maintained that their business differs from the kind of banking conducted by the coast-to-coast franchises and Wall Street investment firms. [Continue]
The recessionary economy has dampened the optimism of a typically boundless group – small business owners. [Continue]
Congress is likely to put regulatory reform for the financial services industry somewhere on its 2009 agenda. Part of the debate surrounding the reform will concern mark to market accounting. A lot has been written about the need to suspend or drop mark to market accounting. The Financial Accounting Standards Board, in … Read more
Legislators and bank lobbying groups gear up for a fresh session. [Continue]
The Minnesota Bankers Association has purchased time on a popular Twin Cities radio station in an effort to raise the public’s understanding of developments in the banking industry. [Continue]