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It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause.

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James Grant Quote: “It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause.”

“It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause.”

James Grant

James Grant Quote: “It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause.”
James Grant Quote: “It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause.”
James Grant Quote: “It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause.”
James Grant Quote: “It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause.”
James Grant Quote: “It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause.”
James Grant Quote: “It is an axiom nowadays that no bank fails for lack of capital; unprofitable lending is always the underlying cause.”
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