Reduce liability for losses on commercial accounts by adhering to four requirements.
Bill Poquette, editor-in-chief of BankNews for more than 40 years, was a recent guest on Traders Network, a radio program on Clear Channel’s KFXR 1190 in Dallas. Hosted by Michael Yorba, Traders Network discusses the latest in trading tools and market trends. The program features leading market and business professionals, sophisticated technology and the analytics needed to identify the most lucrative investment strategies.
During the 12-minute segment, Poquette explained the difference between a community bank and a Wall Street bank; discussed one of the main causes of the subprime lending debacle — the shadow banking industry; and provided his perspective on lending in the current economic environment.
Listen to the program below.