Are Community Banks "Too Small to Fail?"

May 2010
Bank Technology News;May2010, Vol. 23 Issue 5, p18
Trade Publication
An interview with Louis Hernandez Jr., chief executive officer (CEO) of Open Solutions Inc., is presented. When asked about his reason for creating the book "Too Small to Fail: How the Financial Industry Crisis Changed the World's Perceptions," he refers to the failure of several community-based institutions to act according to their function in the economy. He offers a brief explanation about his book. He discusses one of the challenges that the banking industry faced during economic crisis.


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