From the TBTF banks. We need to bust up credit unions

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Kwatt

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Jan 3, 2000
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I suspect this is more about not being able to charge the usurious fees and penalties than anything else.

The reason people are moving to credit unions is because they drove them away.

Making the credit unions into banks means they can get more funds to speculate with in the markets. Bigger bonus time. The taxpayer can afford it and besides we create JOBS. Think of the children!

Great Recession 2.0 Coming soon to your hometown.

"Some credit union presidents have nice saleries. Even if they did not get a bail-out bonus. It's not fair! <sniff> <sniff>. Someone pass me a crying towel please." Quiped an unidentified TBTF ramdom FU@K


http://articles.latimes.com/2013/jul/06/business/la-fi-credit-union-taxes-20130706

WASHINGTON — Credit unions have been snatching customers from banks amid consumer frustration over rising fees and outrage over Wall Street's role in the financial crisis.


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