• 25 Jun 2009 at 11:20 AM

Mean Reversion Banking

By Greg Michaels

Based on the recent trend of slipping systemically critical labels under the front doors of financial institutions as easily as take out menus, the US is setting the stage for the era of average banking. The regulatory overlords seem hell-bent on establishing a landscape of average size banks making average size profits. However, as little as DC wants to hear it, there is still a convincing argument for bigger is better. Just because the Sandy Weil/Chuck Prince experiment failed in spectacular fashion, with special help from Bob Rubin, that shouldn’t condemn firms like JPM to live with Washington’s acumen in determining the proper size and shape for a bank.
The Perils of a Smaller Wall Street [WSJ]

Comments (9)

  1. 1
    Posted by guest | June 25, 2009 at 11:26 AM

    coked up Mexican Cocaine Sharks, with lasers, are old news.
    How about “coked up Australian Cocaine Wallabies that make Crop circles” ?
    http://news.bbc.co.uk/2/hi/asia-pacific/8118257.stm

  2. 2
    Posted by guest | June 25, 2009 at 11:28 AM

    This is all bullshit. Word.

  3. 3
    Posted by guest | June 25, 2009 at 11:29 AM

    Banks
    Large
    And
    Noteworthy
    Utilize
    Stimulus
    !
    !
    !
    !

  4. 4
    Posted by guest | June 25, 2009 at 11:33 AM

    Is Greg Michaels the ValueStockTips Guy?

  5. 5
    Posted by guest | June 25, 2009 at 11:37 AM

    name-dropping sucks

  6. 6
    Posted by guest | June 25, 2009 at 11:41 AM

    @1 Holy shit that was funny! The comments were even better!

  7. 7
    Posted by guest | June 25, 2009 at 12:20 PM

    Gregus Bleachum Anus
    Chavez

  8. 8
    Posted by guest | June 25, 2009 at 12:41 PM

    Greg sits down to pee
    Mom’s making meatloaf today
    He forgets to flush

  9. 9
    Posted by Anal_yst | June 25, 2009 at 3:39 PM

    The “financial supermarket” model is not inherently impossible, its just that C (etc) epically failed to integrate the businesses

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