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House Price Crash Forum

If It's Too Big To Fail, It's Too Big


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Well yes certainly with banks. They are making a Titanic monster of a bank with Lloyds TSB/HBOS which is a step in the wrong direction. Banks should broken up, so that if they fail it doesn't matter too much, and they should be made to get rid of their investment banking divisions. Seems crazy they have gambling divisions which have access to customers deposits.

Perhaps we will see a re-emergence of local mutual societies?

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