Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

How To Level The Playing Field With TBTF

Wednesday, May 29, 2013 - 12:49 PM
From Bauer Financial:
 The Dodd-Frank Act ... was intended to lessen, if not eliminate the risks of TBTF [Too Big To Fail].  However, Dodd-Frank is extremely complex and has yet to be fully implemented. ... That being said, community banks are at a decided dis-advantage.  The cost of a mega-bank to comply with the new regulations is absorbable as a cost of doing business.  For a small bank, it can be hugely expensive.  A handful of banks able to wreak havoc to financial systems should not translate to increased burden for all. 

Read more

 
8
pearlbrownpearlbrown1,440 posts since
Nov 2, 2010
Rep Points: 6,279
Reply