Business: How It Feels to Be Naderized

THE intense, dark-haired man visiting the office of Walter B. Wriston, chairman of the First National City Bank of New York, crisply announced that he was interested in looking into several of the bank's activities. Consumer credit, for example. The visitor suggested that "Citibank's" credit standards might be so restrictive that many black applicants are automatically ineligible for loans. On the other hand, he added, the standards might well be too loose, thereby encouraging people to go dangerously into debt. Wriston, who is rarely without a sense of humor, piped up wryly: "Do...

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