Interesting thought. I find it hard to believe their isn't a market for good ol' fashioned George Bailey style Thrifts. I'd invest in one. Many people on SA have talked about the repeal of Glass-Stegal having led to this. I do wonder considering the law of unintended consequences if NOT repealing G-S would've led to many of our banks being gobled up by large international mega-banks (e.g. Mitsubishi, HSBC, Santander, et.al.). Almost like a necessary evil when you think about it. Food for thought.
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Interesting thought. I find it hard to believe their isn't a market for good ol' fashioned George Bailey style Thrifts. I'd invest in one. Many people on SA have talked about the repeal of Glass-Stegal having led to this. I do wonder considering the law of unintended consequences if NOT repealing G-S would've led to many of our banks being gobled up by large international mega-banks (e.g. Mitsubishi, HSBC, Santander, et.al.). Almost like a necessary evil when you think about it. Food for thought.
Jan 13 10:55 am
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