BBs bowing to populist pressure

http://www.smh.com.au/business/wall-street-may-cu…

Another example of populist hate-mongering.. the sad thing is that the banks are actually reacting and bending to the kind of tosh thrown out by politicians looking for a scapegoat..

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As much as it sucks it tends to be mob rule in this country. People hate banks yet have no understanding of what banks do that benefit the country as a whole. It is really sad how little the majority of American know.

 

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