Guardians of Prosperity: Why America Needs Big Banks

Probank. Everyone who works for a bank (or who owns shares) should buy and read Richard X. Bove’s book, Guardians of Prosperity: Why America Needs Big Banks. This book challenges the populist vitriol against large banks, and explains why current regulation in response to the financial crisis will harm America. Bove writes in plain language for a general audience, explaining what banks do, and why large banks are needed. His viewpoint is different from that most readers find on the topic of large banks. For that reason alone, whether one agrees or disagrees with his views, this book contributes to broader understanding of this issue. Rating: Four-star (I like it) Click here to purchase Guardians of Prosperity from amazon.com.