WALTER WRISTON liked to contend that Banks needed little capital as long as they were run well.
WALTER WRISTON喜欢声称,只要银行运营良好,所需的资本并不多。
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"The only reason we keep any capital is some of the old fogeys on my board insist that we do," Mr Wriston told Paul Volcker, then President of the New York Fed, in the 1970s, Mr Volcker recalls.