Re: JP Morgan threatens small depositors

Bruce Geerdes <[email protected]>
Newsgroups gmane.music.dadl.ot
Message-ID <[email protected]>
On Sat, Jan 15, 2011 at 9:13 AM, Mike Findlay <[email protected]>wrote:

>   My response would be that there is no “free market” when it comes to the
> banking industry and wall street.
>

Yes yes. But it is funny to see conservative types arguing for *more*
regulation here.


> It is a system egregiously rigged in favor of the bankers and players on
> wall street.  If we can get rid of all that then I’m willing to listen to
> arguments about the free market.
>

How about banks competing for the customers they want? If Chase scares away
the small guys, there's no one else that will take them?

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