I'm all in favor of banks that play their part in community endeavors, private individuals looking for loans, people who want to start up a little business, and that's what banks are for.
Sentiment: POSITIVE
Banks are there to support businesses that have justifiable needs.
Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs.
I like banks because they keep my money safe, but I don't want to talk about banks 12 times a year.
People with banking experience haven't all flocked to the biggest banks; community banks and regional banks, along with smaller trading houses and credit unions, have some very talented people.
The fundamental problem with banks is what it's always been: they're in the business of banking, and banking, whether plain vanilla or incredibly sophisticated, is inherently risky.
Banks are an almost irresistible attraction for that element of our society which seeks unearned money.
Anything that benefits the public and not just big banking, that's what I'm with.
You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don't look at it that way.
Instead of abandoning competition and giving banks protected monopolies once again, the public would be better served by making it easier to close banks when they get into trouble. Instead of making banking boring, let us make it a normal industry, susceptible to destruction in the face of creativity.
I hate banks. They do nothing positive for anybody except take care of themselves. They're first in with their fees and first out when there's trouble.