Lawrence H. White is Professor
of Economics at George Mason
University and a Senior Scholar at
the Mercatus Center at GMU. His
most recent book is The Clash of
Economic Ideas: The Great Policy Debates
and Experiments of the Last
Hundred Years (Cambridge University
Press, 2012). Best known for his
work on free banking, Prof. White
is also the author of The Theory of
Monetary Institutions (1999), Free
Banking in Britain (2nd ed., 1995),
and Competition and Currency (1989), and is the editor of The
History of Gold and Silver (2000), Free Banking (1993), and
other volumes. His work has appeared in leading professional
journals including the American Economic Review, the Journal
of Economic Literature, and the Journal of Money, Credit, and
Banking. His popular writings have appeared in The Wall Street
Journal and on Forbes.com. He hosts bimonthly podcasts for
Econ Journal Watch Audio and blogs at freebanking.org.
Branch Banking and Trust (BB&T) is a proud supporter of this
BB&T Corporation, headquartered in Winston-Salem, N.C., is
among the nation's top financial-holding companies with $183
billion in assets. Its bank subsidiaries operate more than 1,800
financial centers in the Carolinas, Virginia, West Virginia, Kentucky,
Georgia, Tennessee, Maryland, Florida, Alabama, Indiana,
Texas, and Washington, D.C.
BB&T's operating strategy distinguishes it from other financial
holding companies. BB&T's banking subsidiaries are organized
as a group of community banks, each with a regional president,
which allows decisions to be made locally, close to the client.
This also makes BB&T's client service more responsive, reliable
Since 1989, BB&T has completed the acquisition of more than
60 community banks and thrifts, more than 100 insurance
agencies, and 35 non-bank financial services companies. This
acquisition strategy has contributed significantly to BB&T's success.
BB&T currently has 30 locations in Southwest Florida.