The Steinberg Files

Image by Leonard John Matthews via Flickr From The Associated Press “Free checking as we know it is ending. The days when you could walk into a bank branch and open an account with no charges and no strings attached appear to be over. Now you have to jump through some hoops — keep a [...]

Image by MacRonin47 via Flickr CNBC recently aired yet another critical report of the Democrats’ financial reform bill.  According to Richard Bove , a banking analyst at Rochdale Securities, the financial reform bill will likely hurt consumers more than banks because Wall Street will find a way to get around it.  Read the full CNBC [...]

Image by Steve Rhodes via Flickr The Democrat’s financial reform bill fails to end “to big too fail.”  Paradoxically, the bill does just the opposite.  It makes community banks too small to succeed. Community banks will be unable to compete, because the so-called reform bill imposes a myriad of new regulations on all banks — [...]