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Price of business speed and bank stability in US
Dr Harold Stonier of the American Bankers Association argues that bank failures mirror broader business failures, not cause them. He notes America leads in long lived banks, with over 108 banks older than a century and more than 2,000 over sixty years, and says rapid development pressures, not decay, threaten the system.
MENTIONED IN THIS ARTICLE
Chicago
Ill
Harold Stonier
American Bankers Association
American Institute of Banking