When president and chief executive officer of City Bank Ron Migita spoke out for the first time about the hostile takeover attempt of parent company CB Bankshares by Central Pacific Financial Corporation, he accused his competitor of “disrupting the harmonious relationship” between the two banks. “I can assure you, this is not how we do business in Hawaii,” he said at an April 2003, press conference. “For someone like me, born and raised in Hawaii, we work on a cooperative basis. It



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Hawaii Reporter is an award-winning, independent Hawaii-based news and opinion journal founded in 2001 and launched in February 2002. The journal's staff have won a number of top awards from the Society of Professional Journalists, including the top investigative news reporting awards, business reporting awards, government reporting awards, and online news reporting awards.