Feds Extend Moratorium on Nonfinancial Firms’ Entry into Banking

By Dan Caterinicchia | February 2, 2007

  • February 3, 2007 at 3:21 am
    TJ Miller says:
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    Did anyone expect anything different? The ABA, American Bankers Asso. is the largest political donation going.

    what have we seen in recent years:

    Banks enter securities business
    Banks enter insurance markets
    Banks get the bankruptcy bill
    Banks getting an end to usury laws
    Others want into banking —- not!



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