Jack Milligan, editor-at-large for Bank Director
We’ve all seen the image countless times by now: a sphere with tiny arms sticking out like bristles. Illustrations of the Covid-19 virus are strikingly similar to World War II naval mines that floated just below the water surface. If a passing ship hit one, the mine exploded and the ship sank. That’s an appropriate metaphor for the Covid-19 pandemic, which has led to over 120,000 deaths in the United States and nearly sunk the nation’s economy. A policy of social distancing, forced closures of high-risk businesses and stay-at-home orders has flipped the economy into the worst freefall since the...
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Jack Milligan is editor-at-large of Bank Director, an information resource for directors and officers of financial companies. You can connect with Jack on LinkedIn or follow @BankDirectorEd on Twitter.