Breaking Up Banks!

Should big financial conglomerates like Citigroup, JPMorgan Chase & Co., and HSBC Holdings PLC be broken up into smaller company’s?  I have no idea if this would make them more profitable, but some think so.  And then again, so think it would hurt them.  With them losing millions of dollars every quarter something needs to be done.  And would braking them out no one really knows.  I do know that these company’s need to be more profitable, because if they go under our economy could be in really trouble.  So whatever choice is made I sure hope it’s the right one, because that’s what we need, good choices.  Once that happens our economy will turn for the good, you’ll see.

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This entry was posted on Saturday, August 16th, 2008 at 4:40 pm and is filed under Business, Economy, Investing, Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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