Flood Insurance - A Post-Harvey Revisit

Flood Insurance – A Post-Harvey Revisit

By The Banker | Blog Posts, Insurance, Personal Finance, Texas

Like everyone with a home mortgage, I have homeowner’s insurance that covers most catastrophes, although the list of covered catastrophes specifically does not include flooding. Occasionally I worry because my house backs right up to the San Antonio River. Fortunately, my yard and house are outside the boundaries considered to have a 1 percent chance […]

The Huge Unknowns Of GOP Tax Reform

The Huge Unknowns Of GOP Tax Reform

By The Banker | Blog Posts, Personal Finance, Taxes, Texas, Wall Street

We know a lot less about the recently proposed federal tax reform than we think we know. We don’t know what major income tax deductions will stay or go in the final bill. Nobody does, because it’s a highly contested political process right now. Most importantly, we don’t know what effect, if any, lower taxes […]

SBA as Super-Lender To A Catastrophe

SBA as Super-Lender To A Catastrophe

By The Banker | Blog Posts, Texas

Although we’ve never met in person, I first saw David Lewis on my Facebook feed August 27th, kayaking my friend’s kids over to her, reuniting mother and children during a lull in the Hurricane Harvey rains. In the week after the rains ended, like many in his Houston neighborhood of Meyerland, Lewis ripped out his […]

Book Review: The ChickenShit Club by Jesse Eisinger

Book Review: The ChickenShit Club by Jesse Eisinger

By The Banker | Audio Posts, Book Reviews, Wall Street

Editor’s Note: I did a podcast with Jesse Eisinger for the finance website Make Change, in which we discuss his book in further detail. I recommend listening to it here! Nine years after the Great Recession mortgage bond crisis of 2008, no executives with any seniority on Wall Street faced criminal consequences. Although a few […]

Elements of a Tech/Startup City

Elements of a Tech/Startup City

By The Banker | Blog Posts, Texas

Here’s my thesis, which won’t make me popular in some parts: My city’s no tech startup hub. Not even close. So the question is: What’s the missing thing that would make a city a tech hub? I asked a bunch of experts. Do you remember that Indigo Girls song “Closer to Fine?” I was an […]