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Why Do Some Banks Do Better Than Others?

Doug Goldstein, CFP

Doug Goldstein, CFP
Photo Credit: Doug Goldstein

In the second part of this week’s podcast, Charles Calomiris, professor at Columbia University and co-author of Fragile by Design, explains why some countries have established stable banking systems while others often suffer banking crises. Is this due to differences in design or are there other factors involved? Tune into this week’s show to find out.

About the Author: Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm located in Jerusalem. He specializes in working with clients who live outside of the United States and want to maintain a U.S. brokerage account. Doug’s newest book, co-authored with Susan Polgar, about how using chess strategies to improve your finances, Rich As A King can be purchased at www.richasaking.com. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at doug@profile-financial.com


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