A Story Too Close to Home
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EUGENE FOLEY
is president and CEO of the Harvard University Credit Union, based in Cambridge. |
By Eugene Foley
Earlier this month, The Wall Street Journal printed a front-page story about American Bankers Association Chairman Harris Simmons declaring all-out war on the credit union movement. It seems Mr. Simmons is upset because people who join credit unions are not contributing to the record profits and escalating stock value of his Zions Bancorp.
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