Wall Street fails to learn from mistakes | The Columbia Daily Tribune – Columbia, Missouri


Banks, of course, cannot argue with a straight face that a bill that reduces their allowed transaction profit from 1,100 percent to 300 percent, as Durbin’s legislation does, would send them to the poorhouse. They’re arguing instead that allowing more competition in the swipe-fee industry somehow would damage smaller banks.

via Wall Street fails to learn from mistakes | The Columbia Daily Tribune – Columbia, Missouri.

Advertisements

Comments are closed.

%d bloggers like this: