Best of BankThink: Editors' Choice
January 3, 2013 9:00 AM
BankThink editors Marc Hochstein and Jeanine Skowronski recap 10 of the blog's posts they found most memorable in 2012. (Image: Thinkstock)
Don't Expand Uninsured Banking - End It
Author: Andrew KahrMarc Hochstein, Executive Editor:I'm not sure I agree with Kahr that non-FDIC-backed, checking-like products such as Amex's Bluebird are a menace, but it's worth debating and he deserves credit for asking questions.Related Article: Don't Expand Uninsured Banking — End It
How a Seemingly Perfect Loan Can End Up Stinging Your Bank
Author: Ugo NardiJeanine Skowronski, Deputy Editor:The first in a series of old-school banking tales from retired banker and examiner Nardi imparts a timeless lesson particularly useful to underwriters: If a loan looks too good to be true, it probably is.Related Article: How a Seemingly Perfect Loan Can End Up Stinging Your Bank (Image: Thinkstock)
It's High Time for High-Frequency Banking
Author: Philip MayminMarc Hochstein, Executive Editor:This: "Try getting a mortgage or any other loan in less than a month. A month!"Related Article: It's High Time for High-Frequency Banking (Image: Thinkstock)
CFPB Should Create Safe Haven for Innovators
Author: Jennifer TescherJeanine Skowronski, Deputy Editor:Tescher unites two concepts that don't always go hand in hand - regulation and innovation - in a post that outlines how the CFPB can expand on its Project Catalyst.Related Article: CFPB Should Create Safe Haven for Innovators (Image: Thinkstock)
Dodd-Frank Ushers in a Corporatist Era in Banking
Author: Eric GroverMarc Hochstein, Executive Editor:Regulation sometimes works to the advantage of industry incumbents, and larger firms, by creating barriers to entry - a point often lost in the popular discourse about financial services.Related Article: Dodd-Frank Ushers in a Corporatist Era in Banking (Image: Thinkstock)
Bankers Should Want Customers to Know Their Names
Author: Dave MartinJeanine Skowronski, Deputy Editor:Martin's argument that a close personal relationship with customers has become more essential, thanks to technological advancements, kicked off a good debate on whether everyone should know their banker's name.Related Article: Bankers Should Want Customers to Know Their Names (Image: Thinkstock)
Want To Make Risky Trades with No Brakes? Go To London
Author: Francine McKennaMarc Hochstein, Executive Editor:There's a reason the London Whale was in London - it's a longtime regulatory haven, like the Cayman Islands, except without the nice weather.Related Article: Want To Make Risky Trades with No Brakes? Go To London (Image: Thinkstock)
Bring on the Binders
Author: Heather LandyJeanine Skowronski, Deputy Editor:An astute observation on Mitt Romney's now infamous "binders full of women" statement from American Banker Magazine's Editor-in-Chief: "Oftentimes, you need to deliver the resumes of female candidates directly to the decision makers in order to promote gender equity."Related Article: Bring on the Binders (Image: Thinkstock)
What Makes a Good Risk Manager?
Author: Jeanine SkowronskiMarc Hochstein, Executive Editor:This post generated a lively and informative discussion, which is what this blog is all about.Related Article: What Makes a Good Risk Manager? (Image: Thinkstock)
Dead Frogs and Other Unintended Consequences
Author: Richard J. ParsonsJeanine Skowronski, Deputy Editor:In which Parson uses Aesop's fable of "The Scorpion and the Frog" to make a case against overregulation.Related Article: Dead Frogs and Other Unintended Consequences (Image: Thinkstock)
