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Bank analyst Bove: Financial reform will leave 10 million people without banks
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Friday, July 16, 2010
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From Newsmax:

Top banking analyst Dick Bove warns that the financial reform bill, which is poised to become law, will cost at least 10 million Americans their banking services.

That is because the financial penalties the bill imposes on banks will be passed along to their customers as fees. And that means many people won’t be able to afford to use a bank...

Read full article...

More from Dick Bove:

Analyst Bove: Politics are destroying the economy

Bank analyst Bove: Financial reform bill is a "disaster"

Top analyst Bove: Reform won't touch banks... buy bank stocks

Topics: Banks | Financials | Cruxallaneous
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