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But Also Good Business: Texas Commerce Banks and the Financing of Houston and Texas, 1886-1986
But Also Good Texas Commerce Banks and the Financing of Houston and Texas, 1886-1986 Walter L. Buenger, Joseph A. But Also Good Texas Commerce Banks and the Financing of Houston and Texas, 1886-1986 Texas A & M University FIRST First Edition, First Printing. Published by Texas A&M University Press, 1986. Octavo. Hardcover. Signed and inscribed by author Joseph Pratt on the title page. Book is very good with light spotting to the page ends. Dust jacket is very good. 100% positive feedback. 30 day money back guarantee. NEXT DAY SHIPPING! Excellent customer service. Please email with any questions. All books packed carefully and ship with free delivery confirmation/tracking. All books come with free bookmarks. Ships from Sag Harbor, New York.Seller 302529 History We Buy Books! Collections - Libraries - Estates - Individual Titles. Message us if you have books to sell!
450 pages, Hardcover
First published November 1, 1986
5 people want to read
About the author
Walter L. Buenger
13 books2 followersWalter Louis Buenger is an historian of Texas and the American South and, since 2017, is a professor of history at the University of Texas in Austin, Texas.
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June 9, 2020
This is the corporate history of Texas Commerce Bank, published at the beginning of a year that ended with the (overly?) proud Houston bank selling to Chemical Bank of New York to avoid failure.
The book is unusually rigorous and honest for a corporate history. It does a fine job of showing the interrelationship between the bank and the local economy as well as how a changing regulatory environment affected the bank and its competitors. It also adds some personality to the leading figures in the bank's history.
However, there's far too little foreshadowing of the quasi-failure that followed within nine months of the book's publication. If one had no background in banking, one would accept the authors' implied approval of the move away from borrower personal liability on large real estate projects as well as foregoing permanent takeout commitments on large construction loans. In fact, both decisions were tremendously short-sighted.
The book is unusually rigorous and honest for a corporate history. It does a fine job of showing the interrelationship between the bank and the local economy as well as how a changing regulatory environment affected the bank and its competitors. It also adds some personality to the leading figures in the bank's history.
However, there's far too little foreshadowing of the quasi-failure that followed within nine months of the book's publication. If one had no background in banking, one would accept the authors' implied approval of the move away from borrower personal liability on large real estate projects as well as foregoing permanent takeout commitments on large construction loans. In fact, both decisions were tremendously short-sighted.
Displaying 1 of 1 review