Comments on: Big banks aren’t bad banks http://blogs.reuters.com/great-debate/2010/02/02/big-banks-arent-bad-banks/ Fri, 24 May 2013 16:11:20 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Ghandiolfini http://blogs.reuters.com/great-debate/2010/02/02/big-banks-arent-bad-banks/comment-page-1/#comment-28759 Ghandiolfini Wed, 03 Feb 2010 16:29:10 +0000 http://blogs.reuters.com/great-debate/?p=6457#comment-28759 Felix is close to spawning: http://blogs.reuters.com/felix-salmon/2010/02/03/the-volcker-rules-loopholes/ ...EpicureanDeal, compared to this article by: ..."former Federal Reserve Bank examiner who teaches finance" - no wonder everything is screwed up. Timmie and Bennie, leave the guys alone, they are dealing with fiscal and monetary drag from Bush,Cheney, Greenspan & Associates Inc. Felix is close to spawning:

http://blogs.reuters.com/felix-salmon/20 10/02/03/the-volcker-rules-loopholes/

…EpicureanDeal, compared to this article by:

…”former Federal Reserve Bank examiner who teaches finance” – no wonder everything is screwed up.

Timmie and Bennie, leave the guys alone, they are dealing with fiscal and monetary drag from Bush,Cheney, Greenspan & Associates Inc.

]]> By: pilgrimson http://blogs.reuters.com/great-debate/2010/02/02/big-banks-arent-bad-banks/comment-page-1/#comment-28756 pilgrimson Wed, 03 Feb 2010 03:35:03 +0000 http://blogs.reuters.com/great-debate/?p=6457#comment-28756 It is fashionable and politically expedient to beat up on the banks. Where were the politicians during the housing bubble? They were demanding that the banks put unqualified Americans into home ownership! They pressured the banks to lend the money. It used to be that a contract was sacred. The borrower promised to pay back the debt. Now, the borrower just has to say, sorry, I don't have it, so I get to keep the house anyway. Talk about moral hazards! We have whores for politicians. They take no responsibility. It's too bad. The decline in personal responsibility in recent years has been astonishing. It is fashionable and politically expedient to beat up on the banks.

Where were the politicians during the housing bubble? They were demanding that the banks put unqualified Americans into home ownership! They pressured the banks to lend the money. It used to be that a contract was sacred. The borrower promised to pay back the debt. Now, the borrower just has to say, sorry, I don’t have it, so I get to keep the house anyway. Talk about moral hazards! We have whores for politicians. They take no responsibility. It’s too bad. The decline in personal responsibility in recent years has been astonishing.

]]> By: grr http://blogs.reuters.com/great-debate/2010/02/02/big-banks-arent-bad-banks/comment-page-1/#comment-28754 grr Wed, 03 Feb 2010 00:09:45 +0000 http://blogs.reuters.com/great-debate/?p=6457#comment-28754 Too big to fail has become nothing more than a political sound bite and the title of a best-selling book. You said it, Thank You. China will be happy to take up the Slack and Jobs Oblame'ah, may put in jeopardy. Too big to fail has become nothing more than a political sound bite and the title of a best-selling book.

You said it, Thank You.

China will be happy to take up the Slack and Jobs Oblame’ah, may put in jeopardy.

]]> By: grr http://blogs.reuters.com/great-debate/2010/02/02/big-banks-arent-bad-banks/comment-page-1/#comment-28753 grr Wed, 03 Feb 2010 00:07:26 +0000 http://blogs.reuters.com/great-debate/?p=6457#comment-28753 "Reinstate Glass-Steagall". After we see a firmer recovery (maybe). Oblame'ah unfortunately broke up a years worth of bipartisan work on regulatory reform with one "image boosting proposal" a surprise even to his own people! This new dynamic "world economy" is unlike the 1920's, perhaps we need a solution tailored more towards today's economy. Geithner Bernanke - represent Oblame'ah's "resistance to change" “Reinstate Glass-Steagall”. After we see a firmer recovery (maybe). Oblame’ah unfortunately broke up a years worth of bipartisan work on regulatory reform with one “image boosting proposal” a surprise even to his own people! This new dynamic “world economy” is unlike the 1920′s, perhaps we need a solution tailored more towards today’s economy. Geithner Bernanke – represent Oblame’ah’s “resistance to change”

]]> By: fred5407 http://blogs.reuters.com/great-debate/2010/02/02/big-banks-arent-bad-banks/comment-page-1/#comment-28752 fred5407 Tue, 02 Feb 2010 22:25:18 +0000 http://blogs.reuters.com/great-debate/?p=6457#comment-28752 I do not agree with this analogy. Small banks and credit unions are not failing in droves. I also do not agree that ten big banks are better than 7000 small banks. This sounds like a book learner egghead analogy. Banking is a personal business between the banker and the customer and trust is built between them. I will not do my banking with bigger banks as they are faceless and nameless entities who hide behind 800 numbers. The biggest problem we have is too many pension plans have too much money to risk. When it goes bad they want all their money back. We need closer regulation, higher fees on profits, and a return to stabilization. I do not agree with this analogy. Small banks and credit unions are not failing in droves. I also do not agree that ten big banks are better than 7000 small banks. This sounds like a book learner egghead analogy. Banking is a personal business between the banker and the customer and trust is built between them. I will not do my banking with bigger banks as they are faceless and nameless entities who hide behind 800 numbers. The biggest problem we have is too many pension plans have too much money to risk. When it goes bad they want all their money back. We need closer regulation, higher fees on profits, and a return to stabilization.

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