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Reply #67: A tleast think about it -- That's the purpose [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Armstead Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-12-05 01:56 PM
Response to Reply #66
67. A tleast think about it -- That's the purpose
I think the problem is that you are looking at all of in terms of one specific motivation.

A company that is eitehr struggling to survive or whose owner just wants out is a far different situation than the chain of corporate mega mergers that have occurred over the last 30 years.

When you merge one highly successful national bank that has already absorbed 30 smaller banks over the years with another successful bank that has swallowed up 20 banks along the way, you have eliminated 50 smaller banks to create one humongous entity.

That's what all this has been leading to.
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