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