Yesterday, many speakers touched on this very issue. I would go over some of the same ground but hopefully from my particular perspective. My thesis is that we have much more going for us than we tend to realize, in which case the issue is, how do we leverage our considerable advantages to achieve our objective?
The point was made yesterday that the reality of integrated markets and the IT revolution is reducing the need to be in a specific place to conduct financial business. However, some IFC’s are thriving, suggesting that if you get a niche and if you provide value-added you could be in business.