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re: It's Official - The Federal Reserve Raises Rate 1/4 Point (Discussion Thread)

Posted on 12/18/15 at 11:11 am to
Posted by Teddy Ruxpin
Member since Oct 2006
39640 posts
Posted on 12/18/15 at 11:11 am to
quote:

When there are less FDIC chartered banks now than in the late 1800s - that should really tell you something



Yet another field that I'm aware of that Federal "Consumer Protection" regulations have led to increased costs that have pushed out smaller operations and stymied competition.

Gotta love it.
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 12/18/15 at 11:19 am to
yep. there are more 'Too Big to Fail' entities now than back during the crisis circa 2008

the big boys are the only ones who can afford to comply with this crap
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