FDIC leader slams new rules

  • Article by: JENNIFER BJORHUS , Star Tribune
  • Updated: October 5, 2012 - 7:00 PM

Community bankers in Bloomington welcomed his remarks.

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LiberalOne46Oct. 6, 12 7:59 AM

The Federal government usually fixes the last problem, but not the next. This time it is worse. Nothing in Dodd Frank would have prevented the last melt down and it is creating problems that is slowing lending and consequently the recovery. At best government doesn't do harm. The current group of clowns are much worse.

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LiberalOne46Oct. 6, 12 8:05 AM

The Federal government usually fixes the last problem, but not the next. This time it is worse. Nothing in Dodd Frank would have prevented the last melt down and it is creating problems that is slowing lending and consequently the recovery. At best government doesn't do harm. The current group of clowns are much worse.

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JJJCCCOct. 6, 12 8:40 AM

Great...thanks to Amy Klobuchar who voted for Dodd/Frank...we have another crisis brewing, and of course the Red Star gives her credit for writing a letter...WOW. Bias has been replaced by incompetence and corruption..!!!

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hjlazniOct. 6, 1210:25 AM

The trend continues. It appears that the big shots are putting little banks out of business. Big taking over, Small businesses gone, less jobs, more jobs outsourced and more aliens brought to the U.S. to work at lower pay. The new Reality under the watch of both political parties.

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tonytk1Oct. 6, 1212:55 PM

The FDIC is insolvent. Maybe next week the former CEO of Lehman Bros will be in town to talk shop. What a joke.

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jacksoncageOct. 6, 12 4:56 PM

Exactly Tony. It's like inviting Hunter S. Thompson to speak at an AA convention. Bankers have no one to blame but themselves for regulation. These crooks have cost taxpayers far more money than the "jobs" they've created.

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LiberalOne46Oct. 6, 12 6:09 PM

Jacksoncage: Please be specific and delineate exactly how banks have cost taxpayers. Do not say TARP because the US government has received more than 100% of the funds that went to banks. Go ahead and give us the details.

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