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Old 03-21-2012, 07:13 PM   #1
Aliantha
trying hard to be a better person
 
Join Date: Jan 2006
Location: Brisbane, Australia
Posts: 16,493
I don't think breaking banks up is a good solution. The assets banks hold is what make them secure. By making those assets smaller by breaking the banks up, you're only going to decrease consumer confidence (what's left of it).

I think you'd be better off going down the path of tougher regulation and tighter scrutiny of procedures within the banks. Whether it's self regulation or government regulation would be up to the people I suppose, but you live in a country that espouses the notion of less government.

The irony is that it seems everyone cries foul and wonders why the government didn't fix it when something goes wrong.
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