In the early 1970’s the Board of Governors of the Federal Reserve System (the Board) approved the acquisition of two Iowa (Bettendorf and Keokuk) banks by Minneapolis-based Northwest Bancorporation (Northwest).[1] At the time, federal law provided that no acquisition of a state bank by an out-of-state bank holding company was permissible unless such an acquisition … Continue reading Buying Banks and Selling Hot Dogs Are the Same Under the Law
Duane W. Krohnke (dwk) is a Legal and Political Commentator. His passions for international human rights and their connections with Christianity have emerged from his 35 years of practicing law, his nine years of teaching international human rights law, his membership of over 40 years in Minneapolis’ Westminster Presbyterian Church and his reading and international … Continue reading About the Author
“Two roads diverged in a wood, and I— I took the one less traveled by, And that has made all the difference.”[1] In earlier posts, I described two roads not taken–becoming a Protestant minister or a professional historian.[2] Another was not going to graduate school in economics after reading PPE (Philosophy, Politics and Economics) … Continue reading The Roads Not Taken
In the Fall of 2001, after retiring from Faegre & Benson, I audited the International Human Rights Law course at the University of Minnesota Law School.[1] Although I had gained some knowledge of refugee and asylum law from my pro bono asylum work,[2] I knew very little about the rest of the field. Through this … Continue reading Auditing the International Human Rights Course
From June 1966 through April 1970, I was a Wall Street lawyer. I was an associate attorney with the law firm of Cravath, Swaine & Moore.[1] Its offices then were on the 56th through 58th floors of the Chase Manhattan Bank Building one block from the New York Stock Exchange on Wall Street. From my … Continue reading Lawyering on Wall Street
