megabanks (1)

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Killing Off Community Banks — Intended Consequence of Dodd-Frank Act? “Orderly Liquidation Authority”. Consolidation of Megabanks

 

Source:

 Ellen Brown

The Web of Debt Blog

21 October 2015

The Dodd-Frank regulations are so lethal to community banks that some say the intent was to force them to sell out to the megabanks. Community banks are rapidly disappearing — except in North Dakota, where they are thriving. 

At over 2,300 pages, the Dodd Frank Act is the longest and most complicated bill ever passe

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