http://www.palmbeachpost.com/videos/news/number-of-banks-at-depression-low-report/vCKcSj/
The number of U.S. banking institutions with door still open is the lowest since the Great Depression. 6,891 federally insured banks were operating through the third quarter, according to the Federal Deposit Insurance Corp. and that's the first time the number has dropped below 7,000 since the 1930s, according to the Wall Street Journal. Smaller banks are being gobbled up by a wave of consolidation, and collapses brought on by the recent financial crisis are also a factor says the report.
I assumed he was claiming that dodd Frank somehow caused this consolidation.
why throw out a random question while debating?
Usually the person has a point
I assumed he was claiming that dodd Frank somehow caused this consolidation.
why throw out a random question while debating?
Usually the person has a point
If I ask someone for directions am I trying to make a point or am I trying to get directions?
How is asking about Frank-Dodd random when talking about banks?
wow your really fucked up today huh?
I gave you an answer so why is your undies so wadded?
to make the consolidation more orderly.
what was your point of asking
I thought you had a point.
I guess I should have known you didnt
post 30
I actually believe that banging our heads against a wall would be more productive than attempting a rational debate with Desh.
Let's see if she again proves me right.![]()
Your answer is that Dodd Frank somehow made consolidation of banks more orderly?
If so, HOW did it do that?
Did you bother to read the two pieces that show Dodd Frank is hurting small banks and causing them to either go out of business or get bought out by the big banks?
I thought there was no point to the question?
what part of it is causing small banks to go under?
you can repost them if you want me to respond
http://images.politico.com/global/2013/05/06/2013-05_marsh-norman.html
I am sure Desh will ignore this, but for those wanting an opinion on what Dodd Frank has done to small banks, the above is a good read. (It is 52 pages... so not a quick read)
Here is another...
http://www.americanbanker.com/bankt...ty-banks-too-small-too-survive-1054241-1.html
to make the consolidation more orderly.
what was your point of asking
I thought you had a point.
I guess I should have known you didnt