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Community Banks to the Financial Rescue

New America Foundation fellows T.A. Frank and Phil Longman explore why small banks aren't failing the way large banks are. This video also appeared on www.washingtonpost.com www.newamerica.net/bi...  
 
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grifonecoronato (1 year ago) Show Hide
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Wait wait, I don't understand... if the community banks are "doing just fine" and "not involved in subprime lending", why do they need any percentage of the bailout money?
halcyon083 (11 months ago) Show Hide
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What percentage of the bailout money have they asked for?

The ripple effect of the corrupt big banks doing bad businesses, manipulating people, making the worst decisions, not having to face ANY regulation whatsoever from the government, led to this financial crisis and now home foreclosures, inflation & job losses are happening everywhere, and when this happens and the consumer and bank customers are hurt and bank business take a hit because of what big banks have done, than all banks suffer.
jo232409 (1 year ago) Show Hide
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That was awesome. Freaking awesome. X-posted to myspace.
marpoq (1 year ago) Show Hide
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they're not giving money to the failing banks, they are loaning them money and the government will essentially own the bank until the loans are paid off. the makers of this video should have educated themselves more
robkim55 (1 year ago) Show Hide
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This is a good idea but I do not know how feasible it is going to be.

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