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BofI Federal Bank: Annals of the Bank of Misery

If you put together all the chief executive officers from the financial services industry in one room and asked them, “Who looks back on the years 2007 to 2009 with fondness?” it’s a very safe bet that only one hand would be raised. That hand would be on the arm of Gregory Garrabrants. The enterprise he has run since October 2007, BofI Federal Savings in La Jolla, California, is about as unlikely an institution to have prospered in those years as can be imagined.

June 28, 2017 https://ffj-online.org/2017/06/28/78175/