Maureen Nevin

Tower Group: Crisis Will Create Opportunity
By Maureen Nevin Duffy

The executive in charge of Banking & Payments Research for The Tower Group, Jim Eckenrode, expects a different industry to emerge from the current crisis, one packed with opportunity for financial service firms and their providers.

While acknowledging similarities between the subprime spawned current credit crisis and Black Monday’s Market Crash of 1987 and even the thrift crisis of the early 1980s, he also insists at least three things are very different about the current malaise...
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