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Released: November 04, 2011
Amid Wall Street protests, smaller banks gain favor
Source: Kevin Roose, NY Times (Free Registration)
Vince Siciliano — a Birkenstock-wearing, organic food-eating, public transportation-riding sympathizer of Occupy Wall Street who earns $240,000 a year — is far from a banking baron.
But as the chief executive of New Resource Bank in San Francisco, Mr. Siciliano has managed to pull off what his bigger rivals have not: turn a profit and stay out of the line of fire.
“Our business has tripled this month,” said Mr. Siciliano, 61, referring to October. “We have had nonstop, all day long, people moving their money.”
Read Full Article: Amid Wall Street protests, smaller banks gain favor
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