Is letting the smaller banks fail in favor of large banks creating another bubble too large to pop?

Wouldn't the smaller banks better serve the populace than would the large banks?



Regulators shut down San Joaquin Bank in California on Friday, marking the 99th failure this year of a federally insured bank.Is letting the smaller banks fail in favor of large banks creating another bubble too large to pop?
you make a good point, and your article is both non-political and sobering. Sadly, by allowing bigger banks to acquire smaller ones, america does indeed, run the risk of again having to bail out a huge bank because they are "too big to fail". And any congressional attempts to restrict the size of banks would be met with extremely stiff resistance from the banking industry.
They are being consolidated into larger banks. Three of the banks where I had accounts failed: Downey Savings (now part of US Bank)

Washington Mutual (now part of Chase Bank) and IndyMac (now OneWest Bank)

The federal government and FDIC are pumping money into these banks



The FDIC will have a difficult time covering their liabilities if these now bigger banks fail, especially with per person deposit coverages at $250,000 per bank per person (up from $100,000)Is letting the smaller banks fail in favor of large banks creating another bubble too large to pop?
Funny I never heard Republicans complain about government run insurance for their rich banker supporters.







YOU are exactly right it is the small banks that lend to small business that will and do create most jobs.
GWB should have let the big ones fail too.Is letting the smaller banks fail in favor of large banks creating another bubble too large to pop?
that is the plan.

BIG government...no good.