KEEFE TAKES ON THE BIG LEAGUE
Men can replace the wheel, the combustion engine, the
propeller but" we have to have banks", said the American
banking system's greatest cheerleader, Harry Keefe. "There's no
replacement for money lenders and money changers. Banks were
arund before Christ."
And when Harry Keefe talks about banking, people isten. No
one has a bad word for the firm he helped to found, Keefe,
Bruyette and Woods.
"the man the mightiest bankers fear,c was the opinion of
Louis Rukeyser, when he invited Keefe on to his television
show, Wall Street Week.
Keefe is quick to acknowledge that his success also rests
with his partner Jean Bruyette (Norbert Woods died in 1972) and
the team effort at KBW. a tall New Englander with a dry sense
of humour, Keefe, 64, confounded the firm in 1962 by taking a
second mortgage on his house.