I wish that were the case but the're all into shonky lending, thay had to be to compete. The only plus with the smaller banks is it would be cheaper and easier for the gov or the other banks to bail out. strange thing is that if it were to happen the other banks and the public would then feel more confidant ( in a strange sort of way)about the ability of the gov and other banks to bail the system out. so the puplic at large would be content though there would still be some worries that a major bank could go under too. but then as I stated earlier I belive that there is sorm sort of back room dealing going on that we don't know about.
I'd like to know exactly how much money each bank has in debt's owing to them and the amount of credit each has. OK this changes by the minute they could tell us to the nearest mil every week. But you'd be sure to find that they are insolvent.
too many bad debt's
too many people already in negative equaty
too many margin loans
too many reposesions already
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