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October 11, 2008

Quote du Jour: Banks (& Bankers) Should Be Boring

"We do what we understand, and no one understood those [subprime loans]," [Burke & Herbert Bank president] Burke explained. "We look dull and plodding."

"Because we are dull and plodding," said his brother, C.S. Taylor Burke III, senior executive vice president.

        -- "As Larger Banks Crumble, Local Firms See Rush", Washington Post 10/11/08

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