16 dezembro 2008

Please...

Just give us the money: our would-be bank holding company is a model of family values at work. Sure, we don’t make loans. But show me a bank today that does. You may wish to point out that the two principals involved have no experience running a bank. You would be correct. But what really is worse, having no relevant experience or having an extensive track record of running multi-billion enterprises into the ground? Make a choice between a definite risk and the certainty of abject and costly failure.

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