Banks at 1930s consolidation levels

[evince]

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.

 

[evince]

does this concern you people at all?

 

[evince]

why do you refuse to discuss this?

 

[Truth Detector]

does this concern you people at all?

What is your concern? What is the issue as you see it? Is this a result of current regulations, or is it all Bush's fault and what would be the potential fallout from these ongoing consolidations and bank failures?

 

[evince]

too big to fail ring a bell?

 

[Truth Detector]

too big to fail ring a bell?

Okay, let's try again and please, do not answer questions with a question; that's stupid.

What is your concern? What is the issue as you see it? Is this a result of current regulations, or is it all Bush's fault and what would be the potential fallout from these ongoing consolidations and bank failures?

 

[cawacko]

Okay, let's try again and please, do not answer questions with a question; that's stupid.

What is your concern? What is the issue as you see it? Is this a result of current regulations, or is it all Bush's fault and what would be the potential fallout from these ongoing consolidations and bank failures?

To add to the discussion and the above questions for Desh what role, if any, do you believe Frank-Dodd has played in these consolidations?

 

[Truth Detector]

To add to the discussion and the above questions for Desh what role, if any, do you believe Frank-Dodd has played in these consolidations?

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.

 

[evince]

http://en.wikipedia.org/wiki/Volcker_rule




Volcker Rule

From Wikipedia, the free encyclopedia
(Redirected from Volcker rule)

Jump to: navigation, search






Paul Volcker
The Volcker Rule is a specific section of the Dodd–Frank Wall Street Reform and Consumer Protection Act originally proposed by American economist and former United States Federal Reserve Chairman Paul Volcker to restrict United States banks from making certain kinds of speculative investments that do not benefit their customers.[1] Volcker argued that such speculative activity played a key role in the financial crisis of 2007–2010. The rule is often referred to as a ban on proprietary trading by commercial banks, whereby deposits are used to trade on the bank's own accounts, although a number of exceptions to this ban were included in the Dodd-Frank law.[2][3] The rule's provisions were scheduled to be implemented as a part of Dodd-Frank on July 21, 2012,[4] with preceding ramifications.[5]

 

[Truth Detector]

http://en.wikipedia.org/wiki/Volcker_rule




Volcker Rule

From Wikipedia, the free encyclopedia
(Redirected from Volcker rule)

Jump to: navigation, search






Paul Volcker
The Volcker Rule is a specific section of the Dodd–Frank Wall Street Reform and Consumer Protection Act originally proposed by American economist and former United States Federal Reserve Chairman Paul Volcker to restrict United States banks from making certain kinds of speculative investments that do not benefit their customers.[1] Volcker argued that such speculative activity played a key role in the financial crisis of 2007–2010. The rule is often referred to as a ban on proprietary trading by commercial banks, whereby deposits are used to trade on the bank's own accounts, although a number of exceptions to this ban were included in the Dodd-Frank law.[2][3] The rule's provisions were scheduled to be implemented as a part of Dodd-Frank on July 21, 2012,[4] with preceding ramifications.[5]

Once again you cut and paste, but do not comprehend what it is you read.

So you cannot explain why you think there is cause for concern or answer questions in your own words; you can only cut and paste and spew ignorant hyperbole?

 

[SmarterthanYou]

does this concern you people at all?

this is partially your fault for believing in the 'too big to fail, so let's bail them out' shit

 

[evince]

your whole party sang a different tune when the shit hit the fan buddy.

 

[cawacko]

You say you want a discussion Desh but you have no response to the questions brought up?

 

[evince]

you sure seemed to understand what too big to fail was

 

[cawacko]

you sure seemed to understand what too big to fail was

Who and what are you responding to?

 

[evince]

the boogey man


Or was that the easter bunny?

 

[evince]

you play stupid really well

are you a professional?

 

[cawacko]

To add to the discussion and the above questions for Desh what role, if any, do you believe Frank-Dodd has played in these consolidations?

So no answer here?

 

[Cancel 2016.2]

So no answer here?

Desh doesn't answer questions. She just lies and spews her hate.

 

[evince]

http://en.wikipedia.org/wiki/Volcker_rule




Volcker Rule

From Wikipedia, the free encyclopedia
(Redirected from Volcker rule)

Jump to: navigation, search






Paul Volcker
The Volcker Rule is a specific section of the Dodd–Frank Wall Street Reform and Consumer Protection Act originally proposed by American economist and former United States Federal Reserve Chairman Paul Volcker to restrict United States banks from making certain kinds of speculative investments that do not benefit their customers.[1] Volcker argued that such speculative activity played a key role in the financial crisis of 2007–2010. The rule is often referred to as a ban on proprietary trading by commercial banks, whereby deposits are used to trade on the bank's own accounts, although a number of exceptions to this ban were included in the Dodd-Frank law.[2][3] The rule's provisions were scheduled to be implemented as a part of Dodd-Frank on July 21, 2012,[4] with preceding ramifications.[5]

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