non-bank competitor

  • Bankers: Let’s Be Necessary

    Why did Willie Sutton, famous bank robber from the 1920’s to 1950’s, rob banks?  “Because that’s where the money is.”  By the way, Sutton denied the quote, but we can’t deny it’s true.  Financial Institutions (“FI”) remain the place to go for money, but not for long. Why do FIs…