Wednesday, March 4, 2009
Bank Consolidation you guessed it we saw it before in Aussie
The above diagram shows the consolidation down from the big banks on the left to a much smaller number on the right.
As you have heard me say it before Australia had a lot more banks than it has now and guess what the US is going the same way. Aivars
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If market cap means "too big to fail" I hope Well's is in the clear....
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