[mcaguru]

https://www.wsj.com/articles/banks-d...cks-1517826601

[Kevin Henry-Seacoast]

https://www.wsj.com/articles/banks-d...cks-1517826601

Yep-technology is helping such that less people need to physically go to a branch. Many banks are closing branches that do not have much foot traffic as a way to cut costs.

[mcaguru]

Yep but once that happens it can be a recipe for disaster for the brick and mortar banks --- think about Smith Barney/Dean Witter now having to deal with some funny names like Etrade and scott trade

[Karen37a]

Part of the reason the banks were dwindling was because of the Dodd-Frank Act.

it caused a consolidation of banks and in essence, cut out the smaller to mid-size community banks/ regionals...put them out of business.( which is what I said regulation or fear of regulation would do to us)

I am not going to re-type word salad. People can search my Dodd Frankenstein rant and the doody frank act and how I said it would consolidate the banks because of compliance costs and have the opposite effect then what was intended.

Doody Frank has been loosed up so slowly but surely "maybe" we can get the money rolling again...its not going to be overnight.

[Karen37a]

All this bull crap and imaginary minds thinking that I cant make it thru regulation because of a dui...I am going to laugh my arse off when a few go under ( and I never laugh at other peoples demise...bad karma)

Lending club is down to $3.50

They have to be seriously praying on their knees...then people wonder why I walked away from wall st ....geeezzuss

and people do not lose money gracefully...if you are regulated sometimes someone is going out in handcuffs ( even though all you did was lose money)

boy I am lucky that I sold out a few times in life and didn't lose people money. I semi feel bad for them...meanwhile the idiot who caused their downfall is off to another venture.