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JimsZ

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JimsZ

Re: Globaltrnr post# 296

Monday, 02/28/2011 10:29:03 AM

Monday, February 28, 2011 10:29:03 AM

Post# of 59648
Notice all these smaller banks are being gobbled up creating larger banks who the FDIC will then sieze and sell to the "TOO BIG TO FAIL" banks?

Why should banks such as JP Morgan buy out regional banks and deal with the headaches of conversion after when the FDIC can help by creating nice large banks to sell to 'em for next to nothing? (See Washington Mutual) The FDIC is full of large banking crooks. The OTS is being dissolved anyway... What else do we need to know?
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