LIBERTARIAN SUPERHERO: The Success of a Banker Who Said No

ATLANTA— As Congress and the Obama Administration tighten their grip on the U.S. financial industry, it is refreshing to me to read stories about the success of banks that have avoided de facto government control by managing their businesses well during the debt-fueled boom of this decade and avoiding the TARP trap.  Copied below is an article form Forbes.com about D. Andrew Beal of Beal Bank in Texas, a self-described libertarian, who has made a fortune by having bet against the credit markets.

Read more of this post