OK, bad pun on WaMu’s “Woo Hoo” marketing campaign. But I am genuinely sorry to see them go. It’s not that I think they were a great bank – if they were, they’d still be around. But they did try to break the mold on retail banking. Not only that, their patented Occasio branch model might truly represent the future of branch banking. Continue reading
Last night my wife and were flipping the channels before going to bed. High Noon was playing — the classic Gary Cooper/Grace Kelly movie about a sheriff trying to save his town from destruction. We watched in amazement at the scene where Cooper goes to the church to ask for help against almost certain calamity. Big problem, big personal risk, and no assurance it will all work out unless everyone pulls together. We didn’t create this problem, why do we have to risk our lives solving it. If we had turned off the video and just listened to the angry words back and forth, we might have thought we were listening to CNN or MSNBC. Continue reading
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