30 August 2010
Can smaller banks and financial institutions keep our economy fluid?
Posted by admin under: Economics .
Since larger banks and financial firms are failing it seems, does that give smaller banks and institutions (including online banks) the opportunity to grow and be the new ‘king of the mountain’ sort of?
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One Comment so far...
DroK Says:
31 August 2010 at 2:52 pm.
yeah but for them to grow to the sort of giants that exist today, will take time. during that downtime, we will have a period of strict lending because there will be a lack of lenders. you need to slow the falls of the giants so that the entire lending/borrowing market does not melt down forcing quality lenders out of business too.