Tuesday, May 12, 2009
The upside of blandness
Here's an interesting article about small banks remaining healthy during the current crisis. When the Indiana Bankers Association held a conference in Indianapolis, many of the bankers in attendance highlighted the boring ways that they do business. The real estate bubble simply did not have as big an impact in our state as it did in exciting places like New York and California. While there is nothing wrong with excitement, it shouldn't be driving economic policy.