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- Feb 20, 2012
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Re: Elizabeth Warren vs. Hillary Clinton
Regulations don't hurt they big banks they way they are hurting the small banks. The small banks don't have the staff to manage the cost of regulations, which is why so many of them are being swallowed up by the larger banks now. That's what I've been posting about.
The more smaller banks that close, the harder it's going to be for consumers to get credit, and the more powerful the larger banks are going to get.
So you're saying that banking regulation hurts the little banks? In the same token regulations help the big ones?
Regulations don't hurt they big banks they way they are hurting the small banks. The small banks don't have the staff to manage the cost of regulations, which is why so many of them are being swallowed up by the larger banks now. That's what I've been posting about.
The more smaller banks that close, the harder it's going to be for consumers to get credit, and the more powerful the larger banks are going to get.