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Peter Engel
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That's a great question, RepMan. I think that overall, the regional bankers, S&Ls and credit unions have behaved pretty responsibly during this mess, mainly by focusing on the fundamentals of their businesses. Perhaps today's breed of regional bankers and S&Ls learned their lessons the hard way? I worked with the Resolution Trust Corporation during the savings & loan crisis of the early Nineties. The S&L people were anything but angels. Please don't take offense, but I know you're old enough to remember(Charles Keating, anyone?) what a big steaming pile they left for others to clean up.
Toggle Commented Jun 13, 2011 on A tale of two crises at RepMan
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Jun 13, 2011