In most circumstances and most businesses I would agree with you. However, the collapse of financial institutions poses a systemic risk to the economy. The collapse of institutions as large as AIG, Citi, and BoA would be catastrophic. The financial system is intertwined, the collapse of these companies would take hundreds of healthy and borderline healthy institutions with them, that's the central problem, not the fact that these megabanks themselves would be gone. These banks deserve to die, I agree, but their deaths should be managed so that we can minimize collateral damage to the rest of the economy.
Branch construction for local and regional small banks (and credit unions) around here has been fairly active, even as the major players consolidate and close branches. What are you guys seeing where you live?
I'll take that bet. In 2016, $100 will be just about enough for a cup of coffee. No sugar or cream, mind you, but only dirty hippies drink their coffee that way anyhow.
My bank is still going pretty good. Loaning money and taking deposits. Went in last week and received a biz loan with no problem. The bank officer I worked with commented that so far they haven't been affected much if at all. Course they haven't taken any Tarp money either. Or at least that is what he said.
Funny, I did the exact same thing yesterday. There's a website out there that ranks banks on their solvency and capitalization, can't find the damn thing now. The bank I use, a locally owned and very conservative bank, was ranked in the 90th percentile.
http://www.glennbeck.com/content/articles/article/198/26471/ Invest the time to see this Glen Beck segment that aired last night about the appointment of Obama's Czar's. The actual show went on to discuss the new Car Czar's method of deciding which GM dealerships got chopped....it is madness.
http://news.yahoo.com/s/ap/20090610/ap_on_bi_ge/us_executive_pay Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke want to give the Fed, which regulates banks, and the Securities and Exchange Commission, which oversees the financial markets, greater powers to guide compensation practices on Wall Street and beyond.
Windoze is pretty good when you fire it up. But once it runs for a while...memory leaks, viruses, updates, malware, registry edits, other general maintenance items all take their toll on performance... you can't "fix" it till you reboot it and start w/ fresh RAM (edit: or perhaps a fresh OS install).