Banks take money from the public or each other on call, skim it for their own reward, then lock it up in volatile, insecure illiquid loans that at times they cannot redeem without public aid.
—JAMES BUCHAN, SCOTTISH JOURNALIST
INSIDE THIS CHAPTER . . .
I’M PRETTY SURE the last banker who was portrayed as a good guy was George Bailey in It’s a Wonderful Life. Typically bankers are cast as the greedy villain, preying off good, honest working folk—an image they certainly lived up to in recent decades.
And even after ...