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  • Wall Street Breakfast: Must-Know News [View article]
    Yeah, the Swiss have the right idea.

    "dozens of others that routinely pitch loans and other financial products, bank-holding status could potentially be so restrictive that the firms will opt instead to give up their ILC status altogether,"

    this is a step in the right direction too. Although I don't agree it will stifle credit as these will be spun off rather than closed. Ultimately bring on more competition.
    The big banks need to get cut down to size.
    The Founding Fathers were very leary and prescient about banks, but I don't think even they realized money would take over govt.
    Jun 19 14:24 pm |Rating: +2 0 |Link to Comment
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