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View Diary: Bankers form Super PAC: A new vortex of evil opens in fabric of universe (67 comments)

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  •  Well, from the looks of it... (2+ / 0-)
    Recommended by:
    cooper888, wsexson

    ...this seems to be talking about community bankers being upset about a lack of political clout.  That seems understandable.  In many cases, these banks have been hit by the fallout from problems largely caused by the too-big-to-fail national banks.  

    While the interests of the community banks and Wall Street often coincide, sometimes they do not.  If Democrats are truly interested in encouraging community banking, they'd be wise to actually take heed of the concerns of community banks.  One step would be to notice in a case like this that it was not the big national Wall Street banks that were complaining of a lack of clout, but rather the heads of some of the state bank associations.

    •  I think you have it right... (1+ / 0-)
      Recommended by:
      skymutt

      ...7,215 of the 7,324 commercial banks currently operating are under 10 billion in assets. There has always been an us vs. them (small bank vs. large) dynamic.

      California*, Conneticut, Iowa, Maryland*, Massachusetts, New Hampshire, New York, Vermont, Washington*. (and District of Columbia) *pending

      by cooper888 on Thu Apr 05, 2012 at 01:25:55 PM PDT

      [ Parent ]

    •  I was wondering that also... (1+ / 0-)
      Recommended by:
      Eyesbright

      Oklahoma bankers association probably does not include TBTF banks.  But, there is insufficient information to see if this is a Super PAC for small take deposits and make loans banks, or a front for TBTF banks.

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