Despite mixed financial signals, rural bankers who responded to a survey in 10 Midwest and Plains states apparently are growing optimistic about the regional economy. The Rural Mainstreet economic report for October says its economic confidence index, which reflects expectations for the economy six months out, rose to 57.3 from 54.9 in September and 46.0 [...] [...]
by Staff Writer Published: January 15,2010
Tags: bailout, bankers, regulations
As giant banks such as Goldman Sachs, Wells Fargo, and Bank of America prepare to pay substantial year-end bonuses to their employees, we can expect a firestorm of angry complaints from the public, accompanied by calls for tighter regulation and/or punitive taxation. It’s easy to argue that the big banks are predators, not producers. Far [...] [...]
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