Howard Powerless: The Rise And Fall Of The Howard Savings Bank
Language: English
Published by Pal Pub Co, 2003
- Hardcover
- New
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- Title
- Howard Powerless: The Rise And Fall Of The Howard Savings Bank
- Author
- Luscombe, Paul
- Publisher
- Pal Pub Co
- Publication year
- 2003
- Condition
- New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0970437218
- ISBN 13
- 9780970437211
In December 1989, the Howard Saving Bank shocked the financial world when it reported that it expected to report a $63 million loss for 1989. Prior to the report, the bank had reported strong earnings every quarter since it went public in 1983. In 1982, the Howard Savings Bank elected a chief executive officer, Donald McCormick. Howard Powerless tells the story of the years leading up the McCormick administration.
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