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« Recession and Businsss Planning: Questions for MBA Students | Main | Money Supply and the Case for Optimism about the Economy »

October 10, 2011



Interesting post, Bill. I have however my doubts about the long-term viability of being large. Including these large U.S.-banks.

I think that large (universal) banks will be forced to become more agile and know their customers as if they were small.

Prices of commoditised products will keep on going down, so the money will have to come from somewhere. Most research shows by the way that by far the largest % of M&As have resulted in shareholder-value destruction.

Regarding creative destruction in banking, watch this funny one:


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