Pace of U.S. bank failures not seen in 2 decades

and at least during the S&L crisis, the appropriate senate members involved got skewered. Will something similar be done today? Bawny Fwank on a spit alongside Chris Dodd would be wonderful.
 
and at least during the S&L crisis, the appropriate senate members involved got skewered. Will something similar be done today? Bawny Fwank on a spit alongside Chris Dodd would be wonderful.

Would you be kind enough to show me how Barney Frank was responsible for those 143 banks going down?

Please connect those dots.

Thanks.
 
and at least during the S&L crisis, the appropriate senate members involved got skewered. Will something similar be done today? Bawny Fwank on a spit alongside Chris Dodd would be wonderful.

Would you be kind enough to show me how Barney Frank was responsible for those 143 banks going down?

Please connect those dots.

Thanks.
Protecting Freddie and fannie and helping spawn this monstrosity of an economic mess as the banking queen.
 
BF I got to disagree with you on causality even though I like your unconstitutional solution to the problem. On a spit over a low fire, I think the cruel and unusual punishment rule works against you but I digress. The reason banking has been shrinking over the past 30 years or so is that banking is the most information intensive industry possible. As the cost of obtaining, storing and processing data and information has gone down so have bank fees, revenues and employment. That in turn has reduced the number of banks because they cannot compete with insurance companies, money market funds, bond funds and dozens of other lesser known alternatives to traditional banking. TARP like the auto bailout was simply lemon socialism.

I wrote my tithe check a few hours ago and the account is with etrade. Within a decade I expect bankwire, bank drafts, direct deposit and debit cards to replace checks entirely. CARD has made Credit Cards a non-payer, foreclosure gate is likely to make securitization a low or no profit area, with lending tree dot com I don't need a physical bank or mortgage broker and this list keeps going. Within two decades banks may shrink in number to the point where major countries do not have a single domestic bank. Frank and Dodd did not write Moore's law and that is what is driving banking consolidation.
 
and at least during the S&L crisis, the appropriate senate members involved got skewered. Will something similar be done today? Bawny Fwank on a spit alongside Chris Dodd would be wonderful.

Would you be kind enough to show me how Barney Frank was responsible for those 143 banks going down?

Please connect those dots.

Thanks.
Protecting Freddie and fannie and helping spawn this monstrosity of an economic mess as the banking queen.

Then why only these banks out of the tens of thouaands of banks in the USA

Again, please connect the actual dots leading from Barny Frank to these banks' failure.


Can you do it?
 
Why are Mexicans driving $50,000 SUVs and buying homes while Americans are losing everything they spent several generations building?
 
Why are Mexicans driving $50,000 SUVs and buying homes while Americans are losing everything they spent several generations building?

To be totally stereotypical of the whole race thing. :eek:

Because most Mexicans work hard & many flaunt it. Most Asians also work hard but do not flaunt their money. Most Whites from various countries work hard & some flaunt it. Most Blacks don't work & play the race card & flaunt it.
 
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To be totally stereotypical of the whole race thing. :eek:

Because most Mexicans work hard & many flaunt it. Most Asians also work hard but do not flaunt their money. Most Whites from various countries work hard & some flaunt it. Most Blacks don't work & play the race card & flaunt it.

If they really worked hard they should have fixed Mexico several decades ago instead of feeding off the American poor.
 

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