Quote:
Originally Posted by After Shock Media
Not sure. Not sure if the small banks really ended up needing it. You pointed out your community bank did not take it. Many seemed to have ran the correct way.
I do hold some concern about the bank I use as they are a traded bank. I even own a lot of their stock. I just get worried some huge ass faceless bank who does bad business will end up trying to buy them. Pretty sure they can not be bought out outright but well it still concerns me some.
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I'd be concerned.......hell I am concerned. The community bank that I refer to and use as my own, is community owned. But on the darker side of the issue, my community has been losing their jobs now for the past year an a half maybe two years, hence not so much community money going in as there is out.
In my area (NE Ohio) auto jobs make up around 35-40% of all the jobs in one way or another. After yesterday I forsee a future of maybe 10-20% withing the next few months If we are damn lucky. What the hell happened? I know this is a global issue, but we seemed to be doing so good. Big business and big government seem to have fucked us big time.
Wish I was a big time ceo and could only afford the 50 million dollar house.
fuckers...