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  • 25 Companies That Lost America Nearly $1 Trillion [View article]
    Mr. Hill,

    I wish you could spare a moment to answer one dumb question. I came from Canada over 3 decades ago. Over there they "used to" have far fewer banks than the U.S. has., and still much fewer now.

    Why do we have so many banks in the U.S.? 10,000 or so including the credit unions?

    From your list, isn't it time to vastly consolidate most if not all of them as soon as possible and retrain the folks to other, in my opinion, more "productive" industries and services?

    Thanks in advance.

    teutonic
    Mar 26 23:50 pm |Rating: 0 0 |Link to Comment
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