Market purity in a government age: BB&T’s lessons on corporate temptation
As political connections increasingly determine economic success, how should a principled, free-market CEO lead? AEI’s new Culture of Competition CEO Series will explore this important question. In this keynote, Cato Institute President and CEO John Allison will discuss his time as chairman and CEO of BB&T Corporation, America’s 10th-largest financial services holding company.
As BB&T’s leader during a period of immense growth, Allison consistently stood for markets over special favors. Based on the experiences detailed in his latest book, “The Financial Crisis and the Free Market Cure: Why Pure Capitalism is the World Economy’s Only Hope” (McGraw-Hill, 2012), Allison will address the temptations created by government incentives and the principles that kept BB&T focused on true value creation rather than easy, unsustainable profits.
AEI, Twelfth Floor
1150 Seventeenth Street, NW
Washington, DC 20036
RSVP here: http://www.aei.org/events/2012/12/06/culture-of-competition-ceo-series/