Financial Times FT.com

Subprime fall-out

How old banking axioms are gaining new currency

By Francesco Guerrera

Published: July 6 2009 23:28 | Last updated: July 6 2009 23:28

Tried and trusted: bankers are advocating traditional principles

Allan Landon, the chief executive of Bank of Hawaii, had plenty of opportunities to go from worried spectator to willing participant in the subprime mess that devastated the US economy and plunged global financial markets into turmoil.

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