The recent news about the collapse of two banks has left many confused and concerned about what’s to come, so UVA turned to #McIntire’s Virginia Bankers Association Professor of Commerce David Smith, along with #Darden Dean Emeritus and Miller Center Senior Fellow Robert Bruner, to help explain what happened and why it’s different from the 2008 crisis. #banks #McIntire #UVA #Business #Commerce
David C. Smith, Virginia Bankers Association Professor of Commerce at the McIntire School, and Robert F. Bruner, Dean Emeritus of the Darden School of Business and a Senior Fellow at the Miller Center for Public Affairs, say recent news of banks in financial trouble are the result of management more than the system.