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StrategyDriven Editorial Perspective – The Government has Created a Monster

Strategy Driven

With both banks highly concentrated in the weak Texas real estate market, the deal ended up helping neither bank. This agreement turned out to be a major source of income for NCNB, and gave them an incentive to hold on to the assets rather than liquidate when the market strengthened. Seidman’s concerns were warranted.

Banking 50
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Rising Sea Levels Won’t Doom U.S. Coastal Cities

Harvard Business Review

In the summer of 2013, Rolling Stone published a long article titled “Goodbye, Miami,” which claimed that climate change will submerge much of the titular city. Asset owners and investors thus have clear information about the strong incentive to adapt to this emerging risk. I doubt it. How can I be so optimistic?