Posted on 07/29/2015 5:26:37 AM PDT by Citizen Zed
Bingo! We have a winner.
Financial disasters are often manufactured so that large financial groups can vacuum up smaller firms, and so "protective legislation" can be passed that make it near impossible to start a small financial firm.
I did some contract IT work for bank of amigo through an outfit that worse than BOA which is saying something. But that is was all there was at the time.
I detest and hate banks. I will never work for one ever. They are on par with electronics recycling and resale people who I hold in greatest contempt.
When corn prices drop, farmers shift to soybeans.
When oil and gas prices drop, investors sell their oil and gas stocks and put that money into a growing sector.
Interest rates are at record lows. Why are people so surprised that businessmen are not opening new banks???
Dodd Frank killed small banks
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