The last time the American Bankers Association held its convention in Hawaii, the group came under heavy fire for its choice of locale.

It was 1988, and "60 Minutes" thoroughly skewered the event. The CBS news show featured bankers frolicking in an island paradise while the thrift industry crumpled and commercial banks groaned under the weight of a slowing economy.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.