It's the first week of January 2002, and for bankers, the headlines aren't ringing in the new year on a high note. Time for bankers to be inspired by John Belushi's famous words in Animal House: "What's this lying around crap? Was it over when the Germans bombed Pearl Harbor? [Read more]
Across the country, most banks are halfheartedly doing mortgages, eking out a minimal profit and wondering whether to stay in or bolt. But fear not, Gonzo readers. Banks can stay in the mortgage business -- if they begin to manage it with more discipline. Because it’s budgeting time, I'd like to offer some free advice on how to make money in the mortgage business. [Read more]
In politics, very few qualified individuals are willing to subject themselves to the "mud" that is constantly thrown at elected officials. And for much the same reason, fewer and fewer bankers are gutsy enough to initiate and lead projects. [Read more]