01-18-2015, 09:44 PM
Thanks, gal! Three....3 "too big to fail" sure isn't a surprise. I remember in '08 that it was a "big three." One was a bank, one a brokerage firm? and one....a mortgage company, oh yes Countrywide! I remember announcing to those closest to me that very week that the nation was heading into gigantic major economy downspin. I called it "depression." They thought I was nut while knowing I am not. Blank faces, hubby confidently telling me "no way" etc.
The elite of the world, that invisible club sure likes to do it in threes.
Combining banks. What if they combine but don't tell us? Well, maybe it doesn't matter and they'll call it a merger in the news and try to give us a feeling of normalcy. Still, I think it would be more like them to merge and not tell us. Maybe there's tax/theft incentive to being three separate entities. I wonder~
The elite of the world, that invisible club sure likes to do it in threes.
Combining banks. What if they combine but don't tell us? Well, maybe it doesn't matter and they'll call it a merger in the news and try to give us a feeling of normalcy. Still, I think it would be more like them to merge and not tell us. Maybe there's tax/theft incentive to being three separate entities. I wonder~