Bigger is Better?

Make no mistake about this. It is the big, really big banks that are causing all the trouble around here. One of the problems with consolidation and lack of competition is that when something(s) fail it causes chaos in the markets. There are about 3 or 4really big banks left in the U. S. They are still having issues because of trust. Big bank number one doesn't trust big bank number 2 and so on.

I have an idea. Why don't Big Bank #1 and Big bank #2 go and see little bank #234 and little bank #432. Those banks are solvent, making good loans for good people who deserve one. They don't need a bailout because the truly smart people really work there. These folks make a solid living, work and play where they live, volunteer for worthy causes, and create expansion of our economy everyday. They talk to their customers and perform the due diligence required to make a good decision for EVERYONE involved.

Until we get back to banking and fiscal sanity none of the efforts being made will help. Are you listening AIG, CITI, JP, BOFA. Have your management team go visit a local bank that has about 12 locations around a county or two. They will show you how it was done yesterday, how it is done today, and how it will be done tomorrow.