I was more than a little surprised that 42% of investors surveyed by Wolfe Research say that the worst of banking industry’s recent problems are not yet fully over. Of course, bank regulators are not helping to rebuild trust in the banking system by still developing their complicated, multi-year plan to “strengthen” it. Simply insuring the balances in the noninterest-bearing operating checking accounts of businesses of any size would be simple and highly effective.
Investors are still worried about the banking system
By Thomas K. Brown,
I was more than a little surprised that 42% of investors surveyed by Wolfe Research say that the worst of banking industry’s recent problems are not yet fully over. Of course, bank regulators are not helping to rebuild trust in the banking system by still developing their complicated, multi-year plan to “strengthen” it. Simply insuring the balances in the noninterest-bearing operating checking accounts of businesses of any size would be simple and highly effective.