Riding the Tsunami: Lynn Pinker Cox & Hurst Prepares for the Virus Wars

Imagine what is happening in Texas business, large and small. Every business leader, from a Fortune 500 CEO to a sole proprietor of a neighborhood business, is looking out on a business landscape utterly transformed by events beyond their — or anyone’s — control. Those leaders are frightened and must make decisions quickly, with the survival of their businesses on the line.

I remember when Texas went through a crisis like this in 1986-88, when all the national banks but one failed, and all the S&Ls failed completely.  Executives, twenty and thirty years older than me at the time, cried in my office because the government had sued them for alleged wrongs in looking after the financial affairs of their institutions. I recall bank officers, who were my friends, being rousted out of bed by federal agents serving search warrants at their homes.