The Importance of Sound Banking Procedures and Reviews by Multiple Sets of Eyes
A recent case in the Eastern District of Pennsylvania (O’Neill, Bragg & Staffin PC v Bank of America Corp) showed that customers and bankers need to have sound procedures in place, or suffer the consequences. The internet is full of…
Tale of Three Cities – Himalayan Travelogue
The Himalayas have been on our bucket list for some time. When we saw photos of the soaring mountain range in the brochure, we were hooked. We voyaged to Nepal (home of 8 of the world’s 10 highest mountains) and…
The Case for Local Banks
Prologue to " The Case for Local Banks" In my Fall 2018 newsletter, I made the case for needing local banks. My cousin Jimmy Roberts, composer, pianist and entertainer, pointed me to the banker's scene in the 1946 Movie "Best…
Bank Deposit Standards of Care
As a former banker, I can’t stress enough the importance of “simple stupid” procedures regarding deposit accounts. It is imperative that bank customers open their statements monthly and review them. Recently, I had an inquiry looking for a banking expert…
The Online Business Lending Industry
When TABASFUNDING was founded in 2002, there were not a lot of alternatives for small business lending. Businesses could go to the bank, but banks often didn’t want to lend to small businesses. The paperwork is mostly the same, whether…
Old Hotels
Nancy and I love staying at elegant old hotels, built in scenic out-of-the-way locations, where the destination is the objective. Some examples are the Grand Hotel, built on an island in Lake Huron, and the Balsams Hotel, pressed against Canada…
The Boat Show
My brother Robert and I own an antique boat, a 1947 Ventnor that belonged to our father. We had the boat restored over 8 years, and began to use it in 2013. The Ventnor mostly stays on a trailer in…