During the recent National Directors Conference I presented a lot of data and analysis in a very short period of time and perhaps this made for a lack of clarity in your Aug. 27 report.
In quoting Mark Twain, "travel is fatal to bigotry, prejudice and ignorance" I introduced the idea that travel (in this case the need for CUs to reduce reliance on peer analysis and increase their knowledge of their competition's performance on key metrics) can lead to a better understanding of how banks are able to generate superior earnings and growth and, importantly how they're able to and the role regulations play in enabling/inhibiting performance.
The column …
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