I get the feeling that that alot of the “color” isnt really directed at you. Some maybe, due to personalities not meshing, but I think the majority of it is due to the fact you are really the only banker on here. As such, you get to “speak” for your industry, and get the anger directed at it too.
I have never heard Davelj say anything other than the big banks are both dead and dumb, and that his little world is ok because they are neither. Not all banks will fail. Hell, if 20% of them fail it would be a disaster no one is currently talking about.
And I think this is where I get really angry. Little banks would become big banks if the big banks were allowed to fail. It may take a few years, but some healthy reginal banks would buy another healthy reginal bank and we would have a healthy national bank again. Didnt BofA come about in exactly this way?
Responsible people would be rewarded and irresponsible would be punished. Amazing how capitalism works!
