GannonFan wrote:kalm wrote:
We have a highly corrupt banking/political system based in legalized bribery...so yes. But even if the were on the up and up, lack of competition is bad.
Welcome to America!

So then, if all big banks are bad as you say, what constitutes a big bank? At what point does a regular, law abiding, good for the country, not big bank, automatically move into law-breaking, bad for the country territory? What's the measure of size of a bank we can use to know when they're automatically bad?
Complicated subject, and while I indeed graduated from the Harvard of the Palouse, I'm afraid I'm not that well versed in anti-trust law (rec management major). Ivytalk might be able to help out a bit in this regard. The reason I replied to Z's post is that he used to be anti Wall Street and have a let them all burn attitude but that conflicted with his comment in this thread. I'd start with ones that have the potential to bring down the entire economy or require a massive bailout by the federal government.
I favor competition and if necessary, socialism that keeps people from shiving each other in the streets rather than socialism that requires you to decide whether to sell the place in the Hamptons or at Aspen.
I think we can all find a reasonable threshold.
