Savers & Bankers Are Economy's Lifeblood, So Treat Them Well

In his memoirs about the remarkable rise of The Home Depot, the great Bernie Marcus oh-so-thankfully went against the grain of seemingly all modern thought in writing that "bankers put their careers on the line, and for that we protect them." Amen. Bankers, investment bankers, VCs and other financial intermediaries aren’t the nefarious problem, rather they’re the solution. Without them matching worthy (and frequently “impossible”) ideas with capital, there’s no progress.

 

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