Issues of today;

              THE ISSUES OF TODAY
This special edition of TEMPO addresses some of the major issues facing financial institutions, as viewed by leading spokesmen both in the industry and within our firm.
In the initial segment, TEMPO presents a five-part discussion about the economy's future need for capital formation. This vital issue is examined first by an economist and then from the perspective of four major sectors of the financial institutions industry: commercial banking, insurance, savings and loan, and investment banking. Several feature articles deal with financial institutions in relation to changing technology, the impact of government regulation, advances in management techniques, and consumer credit. We take a futuristic view, in another series, that offers some thoughts about banking in the remainder of the century.
Notwithstanding the problems the industry faces in serving our nation's needs, the future prospects clearly call for change and growth. And since financial services affect business, government, and the consumer, their impact will be on ail phases of society. One might even say that the ever changing services provided by financial institutions reflect the major public responsibility carried out by this enormously important private sector industry.
We believe that by articulating the industry's problems and opportunities from many different viewpoints, this edition of TEMPO will prove both informative and thought-provoking to our readers.
MANAGING PARTNER
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