On Tuesday, September 22, 2015, Douglas J. Hajek will lecture at USD, presenting, “When Citibank Came to South Dakota: The Economics, Personalities, and Politics Behind the Move.” The presentation will take place at 4 p.m. at Farber Hall, Old Main, and is free and open to the public. The event is co-sponsored by the Beacom School of Business, the USD School of Law and the W.O. Farber Center.
While today a lawyer with Davenport Evans law firm in Sioux Falls, SD, Doug Hajek first entered the professional world as a banker. After graduating from college in 1972, Doug began a 10-year career in banking — first, as a commercial lender with US Bank in Rapid City, then in Minneapolis managing the company’s system-wide commercial loan participation pool, and finally, managing Western Bank’s mortgage banking operation in Sioux Falls. It was during this time that Doug had a front-row seat in the development of usury legislation that unexpectedly led to Citibank’s decision to move its credit card business to South Dakota in 1980.
Doug has become a frequent speaker on the topic, having lectured at SDSU, Augustana College, and the Davenport Evans Banking Law Seminar, as well as before other academic and trade-specific audiences. For more information of this or other Davenport Evans speakers, call 605-336-2880 or email info@dehs.com.
Davenport, Evans, Hurwitz & Smith, LLP, located in Sioux Falls, South Dakota, is one of the state’s largest law firms. The firm’s attorneys provide business and litigation counsel to individuals and corporate clients in a variety of practice areas. For more information about Davenport Evans, visit www.dehs.com.