Consultant, freelance journalist. Former media relations director, Greenberg Gross. Former reporter @LATimes.com. Former editor and reporter @AP Los Angeles.
Silicon Valley Bank flopped at diversifying its lending, with one exception: it was the bank of choice for California winemakers. The industry will bear watching. https://t.co/UwNUQXaIBp
@kevinwack@WellsFargo Pity that only subscribers can read @kevinwack’s insider perspective on how @WellsFargo chose damage control over reform. @AmericanBanker, tear down this wall!
I made a podcast episode (available to non-subscribers) about my recent series on @WellsFargo insider Michael Bacon, who spent years warning senior executives about the bank's fake customer accounts problem.
Finally, new editor at the LA Times! If the paper focuses only on the city and county of Los Angeles it will fail or have to shrink again in the new era. https://t.co/V8DpgumsbG
Richard Cordray, the former head of the Consumer Financial Protection Bureau, claims in a new book that President Trump tried to fire him.
https://t.co/y1p7HPbnfr
Would like more sourcing details but this American Banker story on #WellsFargo is major news:
Former Wells execs may face criminal charges
https://t.co/WUD8PV8QaX
My main side gig since retiring has been consulting for a startup, just renamed Aura, that uses technology to make affordable, credit-building loans in neighborhoods often ignored by banks and exploited by predatory lenders. Check out its website, https://t.co/wpGigT7fDI.