Watch D.C.

By Andrew Metcalf @AJwatchDC
This is what has happened to our banking system… It has been conglomerated. Where’s the free-market competition? Oh yeah, that left when they all shot themselves in the foot buying up bundled mortgage securities and collaterized debt obligations.

This is what has happened to our banking system… It has been conglomerated. Where’s the free-market competition? Oh yeah, that left when they all shot themselves in the foot buying up bundled mortgage securities and collaterized debt obligations.

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