[SoFloFreeper]

Exactly what I thought. You know, why wouldn't investors put their dollars in FOREIGN banks if the Obamacrats are going to be sticking their noses into domestic ones.

For that matter, why would domestic banks STAY in the USA...why not just move offshore, to Hong Kong, or somewhere where capitalism can thrive relatively unfettered?

One thing is certain: Obama is destroying our economy.

[massgopguy]

Let the banks leave. They’re not Green Jobs anyway.

[AniGrrl]

These regulations are more or less like the Glass-Steagall act. Are we sure this is really a bad move? I’m not convinced. I’d like to hear Karl Denniger (who’s pretty excited) weigh in on the foreign bank aspect.

[JimmyMc]

Seems like a lot of things Barack does has Unintended Consequences.

[Paperdoll]

LIKE GLENN BECK SAYS, YOU’VE GOT TO KEEP TABS ON THAT LEFT HAND WHILE THE RIGHT HAND IS MOVING.

[pepperdog]

Obama is becoming simply unbelievable! After the Mass. election his “pivot” (quoting Sarah Plain because all the media is suddenly using the word) is to attack the banks. Now isn't that a grand recipe for job creation? The man is demented and it seems his advisers are even worse off then he is.