10 ms·

disregard cmment

• synchronise 10y ago
  >The only people who are against this are the usual types - the shareholders who want to cut costs to the bone and increase profits at the cost of everything else, including long term sustainability, integrity of the system as a whole, etc, then of course when the system collapses they run to the taxpayer crying for a bailout. I'd be curious to see whether or not the proliferation of retirement and investment funds that are geared to profit members in recent would have had an impact on that rising trend.
• cm2187 10y ago
  Financial regulation is a pain in the ass for banks but it is also a formidable barrier to entry for any competition. Bank shareholders should be happy about it within reason.