Friday, September 26, 2008

Smaller Banks Thrive Out of the Fray of Crisis

... many smaller banks said they were actually benefiting from the problems on Wall Street. Deposits are flowing in as customers flee riskier investments, and well-qualified borrowers are lining up for loans."We're doing fine. There are 9,000 financial institutions out there, and most of them are small and most of them are doing fine."

[Editor's note: what I said about the free market and letting it work . . . ]/sc

No bailouts!

read more | digg story

No comments: