jp morgan chase

Should Big Banks Be Using Bailout Money To Buy Other Banks?

JP Morgan Mergers

One of the big problems with the current financial crisis is that banks aren't giving loans to qualified borrowers anymore. Yadda, yadda, yadda, dreaded 'credit crunch' ensues. But, as some secretive New York Times reporting recently revealed, some banks are less concerned with that and more concerned with buying out all their competitors.

Dudes, seriously?