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In other words, this is political/economic action that is not a zero sum game. Smaller institutions gain some capital, customers have their funds in institutions that are closer and more responsive to them, and the big banks don't have to deal with the common folk.
I do wonder how much the big banks will miss all those gotcha fees.
Regards,
D-Ray
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Then I'll get on my knees and pray,
We won't get fooled again; Don't get fooled again
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