Posts Tagged ‘John Allison’

John Allison’s New Book on the Financial Crisis

Thursday, September 27th, 2012

Kaizen interviewee and former BB&T bank CEO and Chairman John Allison has written a new book, The Financial Crisis and the Free Market Cure: Why Pure Capitalism is the World Economy’s Only Hope. Released today, the book offers “shrewd insight, alarming insider details, and practical advice for today’s leaders… You’ll learn how government incentives helped blow up the real estate bubble to unsustainable proportions, how financial tools such as derivatives have been wrongly blamed for the crash, and how Congress fails to understand it should not try to control the market—and then completely mismanages it when it tries. In the end, you’ll understand why it’s so important to put “free” back in free market.”

Learn more about the book at Amazon.

Watch John Allison’s video series on the financial crisis, which covers many of the themes expanded upon in his book:

Interview with John Allison

Tuesday, July 19th, 2011

John Allison is the retired CEO and Chairman of the Branch Banking & Trust Corporation, based in Winston-Salem, North Carolina. Under Mr. Allison’s leadership from 1989 to 2009, BB&T grew from $4.5 billion to over $152 billion in assets to become the tenth largest financial institution headquartered in the USA. Almost more impressively, while many top banks failed outright or received large bailouts during the recent financial crisis, BB&T remained healthy and profitable. Mr. Allison is currently Distinguished Professor of Practice in the Business School at Wake Forest University.

Kaizen: Where did you grow up?

Allison: I grew up in Charlotte, North Carolina but I moved between the 10th and 11th grades to Chapel Hill, and graduated from high school in Chapel Hill, North Carolina.

Kaizen: When you were young, did you think you would become a banker?

Allison: Not at all. I was interested in economics in high school but not in banking, per se.

Kaizen: What were your early career dreams when you were a kid?

Allison: I thought I would work for a railroad and maybe be a railroad engineer.

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Kaizen Issue 17

Wednesday, June 29th, 2011

In our latest issue of Kaizen we feature an interview with John Allison, former CEO of BB&T Corporation. Under Allison’s guidance, BB&T has become one of the top financial services companies in the world. He was nominated by MorningStar as one of the best CEOs in 2008.

Also featured in Kaizen are student essay contest winners Jennifer Harolle, Alyssa Baggio, Derek Garcia, the Walhout Prize in Philosophy winner, Nathaniel Branch, and guest speaker Dr. David Henderson.

A PDF version of Kaizen is available here. We will soon post separately the full interview with Mr. John Allison.

If you would like to receive a complimentary issue of the print version of Kaizen, please email your name and postal address to CEE [at] Rockford.edu.