More thinking about credit

Credit judgement is based on common sense combined with experience and the intelligent use of technical tools. Books about credit, as about other subjects, can pass on the benefit of experience, and can educate in technical tools. They can thus help readers to use common sense but they cannot teach it.

Credit falls into many subdivisions. Some of these are wide enough to be the subject of a whole book: others warrant no more than an article. The author of this book has written on both types. Some topics, alone or linked with related topics, make up a chapter or two in a book, but not a whole book.

The author addressed some of these topics in Thinking about Credit. More Thinking about Credit addresses others, and develops themes found either in one of the individual subjects or in Thinking about Credit.

None of the themes arises every day but most will come up quite often in a banker's career. All of them supply useful background which should also help readers to think about the whole subject constructively and above all practically.