John S. Wolfe

First, he did apologize. “(The banking industry) made a lot of mistakes,” U.S. Bancorp CEO Richard Davis told the Feb. 25 Phoenix Economics Club luncheon crowd at the Arizona Biltmore. “The industry failed you.” Banks gave out loans they shouldn’t have and lost sight of their customers, he said. Those December bonuses were a bad [...]

These are some observations gleaned from the recent international practicum of Executive MBA students at Arizona State University in Chile and Peru. It’s kind of unsettling to get lessons in federal fiscal prudence from individuals from Chile. The long and thin South American country along the Pacific Ocean – picture Texas squeezed into a 100-mile-wide [...]