Vermont's conservative financial ethos spares state, so far
By Kevin Kelley
The conservative financial practices of Vermont banks and of many individual Vermonters appear to have spared the state, so far, from the full impact of the financial crisis besetting much of the country.
Banks doing business in Vermont have "no liquidity problem," says state Banking Commissioner Thomas Candon.
"For qualified borrowers, there's no difficulty in obtaining credit in Vermont now."