http://www.vtcommons.org/blog/2009/09/15/daily-maul-under-obama-big-banks-get-bigger-shocker

DAILY MAUL: Under Obama, Big Banks Get Bigger – Shocker!
Submitted by Rob Williams on Tue, 09/15/2009 – 4:57am.

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In promoting and subsidizing the takeover of failing banks by the biggest banks and investment houses, the Post notes, the government violated federal antitrust regulations, which prohibit any single bank from controlling more than 10 percent of deposits nationwide. They also violate Justice Department antitrust advisories on the degree of control over regional financial markets by individual banks.

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What a surprise!

So the next time, the problem will be even bigger. And the gooferment will have a bigger role in the “solution”.

Argh!

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