David Preston, founder and owner of New Harbor Group, delivered the keynote address at the Narragansett Council, Boy Scouts of America’s annual Eagle Scout Recognition Dinner recently, celebrating the achievements of this year’s class of Eagle Scouts. He shared how his Scouting experience repeatedly prepared him for life, paying tribute to his own Scoutmasters and the example they set. He assured the new Eagles that Scouting had prepared them to Read more...
In the wake of the Silicon Valley Bank collapse, banks must get a lot better at transparency, and social media
The following opinion piece was published in the Boston Globe in March, 2023. The run on deposits that led to the Rhode Island Credit Union crisis bubbled quietly below the surface for six weeks before exploding on New Years Day, 1991. The run that left the wreckage of Silicon Valley Bank in its wake on Friday was over in hours. The change in how long it takes for a bank or credit union to come to ruin is almost completely driven by new Read more...
The Sundlun Legacy
By David Preston The following opinion piece was published in the Providence Journal in January 2009 Long after Harry Truman left office, the legendary CBS newsman Eric Severeid observed: “Remembering him reminds people what a man in that office ought to be like…He stands like a rock in memory now.” Viewed through the lens of history and our current troubles, so, too, do Gov. Bruce Sundlun’s four years as Governor of Rhode Island during Read more...