Alberto Monteiro <[EMAIL PROTECTED]>
> So, you mean that - like the previously mentioned biology methaphor -
> it's as if an asteroid hit the market, killing the huge predators,
> but leaving room for the small predators.
I didn't mean anything so dramatic. I don't know exactly what
is going on, only that the larger and more highly leveraged institiutions
seem to be selected against in favor of smaller ones.
> If the biology
> methaphor applies, it will take a few years for some of those
> small banks to grow to dinosaur size.
Could be. Or maybe that will happen, and then conditions will change
to favor smaller ones again. Or maybe conditions will continue
to favor smaller institutions over larger ones. Of course, there is
likely to be government interference, so it is hard to discern the
"natural" tendency.
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