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barack the house Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 08:06 PM
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One expert on TV
Edited on Tue Sep-30-08 08:13 PM by barack the house
One person I saw on TV said that regulating was not good for the banking industry as they would pack up and move overseas. I thought about that for a bit and banking even if it's in a lull now, won't go overseas. There is still money to be made especially if regulation is introduced to monitor unethical conduct. The things they try to sell us. If they come to the American people with the nerve to bring a giant begging bowl the very least they deserve is a list of instructions on how not to get themselves in that position again.
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EC Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 08:24 PM
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1. That's really stupid,
banks are already worldwide...and wherever there are consumers, there will be banks...
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