ABA Banking Journal Home  Gaping economic holes, the sudden
credit problem   What would your bank do if the largest local
employer suddenly pulled out? Blogger Ed O’Leary says the best
remedies may be taken before there’s a problem. What would your
bank do if the largest local employer suddenly pulled out?
Blogger Ed O’Leary says the best remedies may be taken before
there’s a problem.  During times like these we often learn
things that we never wanted to know. But the key to our ultimate
success may be how well we absorb and act upon the lessons that
are meted out to us and our banks in adverse times.  The other
day, The Wall Street Journal ran an article that should remind
bankers that concentrations are ubiquitous and worrisome in
today’s economic society.  Credit people have long understood
the risks posed by concentrations of credit. But  they keep
popping up in many banks and in many ways such that they seem to
defy rational analysis aimed at limiting them.  Bad news for
Decatur  The Journal article was