My good friend Rick and I both graduated from the same school with accounting degrees. We also both started with respected CPA firms upon graduation. Rick dreamed of becoming one of his firm’s youngest partners and he began diligently working towards that goal. I also dreamed of being a partner, but soon realized that public accounting was not for me. ...
As the Chief Lending Officer of a small bank, I was trying to clean-up a lot of problem loans made by the previous CEO. My focus was on collecting the business loans we had, rather than trying to make questionable new ones. So, when a guy I knew from high school asked for a new loan, I was skeptical. When ...
When I began my banking career, I spent time investigating bank frauds. One of the frauds I worked on was that of a bank president who determined his significant pay wasn’t enough. This president began producing false travel expense reports, claiming that he was driving to headquarters, four hours each way, multiple times a month. His spending habits, however, continued ...
As the new Chief Lending Officer of a community bank, I was charged with controlling the lending activities of the former CEO of the bank. Fred had made so many bad loans that he was required to report to me on any loans made. One problem we encountered was that Fred would make loans to people who were already bankrupt. ...
Equipping Others to Do Work Differently
Notifications