Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s biggest lenders and credit card issuers.
I have seen very few of these horizontal mergers of any stripe that benefit the American people. Such mergers end up with everyone paying more for whatever that industry produces. The only ones those mergers benefit are the vulture capitalists and the banksters, the same pack of economic saboteurs who have been ripping apart and devouring this country's economic base for decades.
If there is any regulatory input on this merger, the regulators should stomp on the proponents's dicks with golfing shoes. Figuratively, of course.
Because hanging them en masse in Battery Park would be wrong.
4 comments:
" Because hanging them en masse in Battery Park would be wrong "
Why?
Due process, maybe? I'm not opposed to the same type of trials which were given to the non-Nuremberg Nazi war criminals: Ten minute trial and then off to the gallows.
Geez you make it sound like a bad thing. It's just a good deal all around. Not only will there be
some good old fashioned "right sizin" the two companies, once its finished, there will be enough
for some well earned bonus's. Everybody wins.
With all due respect Comrade, why use the golf shoes figuratively ?? Remember the old saying, "A stomp in time, saves nine.'
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