A Look at Rich Fairbank's Growth Philosophy

The concept of 'preserving doublings' helps explain Capital One's transformational push into banking and Fairbank's calculated risk with Discover Financial.

Hi there, Bank Slaters!

How about a mid-week special drop?

Let’s talk about Capital One’s plan to buy Discover Financial for $35.3 billion.

So many people have written about the deal’s dynamics and its chances of getting regulatory approval, so I chose to take my time to find a unique or overlooked angle. That’s when I remembered a concept Capital One CEO Rich Fairbank shared with me years ago when I visited with him at the company’s McLean, Va., headquarters.