The break-up of the big banks combined with strengthening the community banks and credit union would create something much closer to a free market of 7,000 institutions than 4 institutions controlling the world’s currency. Since the 1960’s the banking industry has been dominated by two main tiers of banking — the founding members of “associations” […]

Tags: antitrust, community banks, credit unions, EFT, loan syndication, MasterCard, networks, Visa
Posted in bubble, Corruption, Eviction, securities fraud |