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America West Holdings (AWA) Message Board

  • hookfree2000 hookfree2000 Oct 28, 2003 12:31 AM Flag

    banks & investments

    Are you guys serious---you don't think they can transact security related business?

    I hate to break it to you, but not only can they---they have all migrated to this business in recent years. If you haven't noticed, your insurance guy now thinks he should be your investement manager, your investment manager now thinks he should be your insurance guy and your banker, and your banker thinks he should not only be your banker, but should be your insurance and investment guy. To complicate this further, banks become thrifts and trusts and can manage your legal structure, your investments, your banking and your trust maintanence--and its development.

    Financial services is where I spend my waking hours. Love reading this board because of the emotion involved. Have a strong opinion of optimism for this management team and what it is accomplishing. My hope is that the pilots recognize, as well as feel recognized and we all witness an incredible story (and happy ending) to our local airline.

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    • "...If you haven't noticed, your insurance guy now thinks he should be your investement manager, your investment manager now thinks he should be your insurance guy and your banker, and your banker thinks he should not only be your banker, but should be your insurance and investment guy. To complicate this further, banks become thrifts and trusts and can manage your legal structure, your investments, your banking and your trust maintanence--and its development..."

      Yes, and we'll remember Phil Gramm fondly for this when the next big financial collapse comes...

 

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