JOHN A. WILLIAMS, THE NEW chief executive of troubled People's Savings Bank of Brockton. has seen failure firsthand.
Before joining the Massachusetts bank last summer as chief financial officer, he worked at Boston's Olympic International Bank and Trust. Six months into his tenure, it went belly up. Before that. he was at Boston's Capitol Bank and Trust. Three months into the job, Capitol was seized. "When I walked into those banks I knew they had problems. but I thought they were salvageable," said the former Boston accountant. "That experience has been a real plus for me -- I know how to deal with problems, unfortunately."