Wednesday, August 28, 2013

Government helps insiders, installment 900000...

Big Fines Won't Solve Too Big to Fail  - Bloomberg: The one good thing that might come from prosecuting banks for past failures is that it would give newer, smaller banks a chance to grab some business and expand while their legacy competitors are weighed down with litigation and settlements. But the Obama administration has managed to short rob us of even that compensation as its regulations crush the ability of smaller banks to expand. The love affair between big business and the self-righteous advocates of bigger government continues apace.

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