Friday, March 13, 2009

Big and small Banks

I believe that big banks should be able to take over small banks and turn them into there companies because then people are not loosing money if thy have more then 250,00 in there account then the people are not loosing money. IF the big banks buy it it may actually not help but no hurt the economy because as you said its almost impossible for a big bank to fail. I believe they should close all small banks so the little ones will not fail and with the people who have money in the smaller banks should probably look to put in a larger bank in the future so its safer and less chance of losing money. Overall I think its a great idea if a larger bank company takes over a single owned bank because I think this has a little part to due with our corruption in this economy.

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