'So Much for Our Champion': Comments of the Week

January 8, 2016 7:30 AM

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

In response to Bernie Sanders, who has previously garnered community bank support for his proposal to break up big banks, wanting to allow post offices to offer banking, among other things:

"Were his proposals to ever make it through Congress, it would spell the death for many true community banks. So much for our champion."

A positive reaction to Sanders stepping up attacks on the biggest banks:

"Like the attendees at an AA meeting, the players in the financial system have to first admit that they are powerless over the siren call of easy, if dishonest money. They will follow it until the bonus is no more, until everything of value is lost in the mindless acquisition of more, more, more."

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'So Much for Our Champion': Comments of the Week

In response to Bernie Sanders, who has previously garnered community bank support for his proposal to break up big banks, wanting to allow post offices to offer banking, among other things:

A positive reaction to Sanders stepping up attacks on the biggest banks:

Cheering banks' protests of the Financial Accounting Standards Board's loan-loss proposal:

In response to the many ways data analytics could be used by the industry in 2016:

In response to characterizing older generations as "high-touch and low-technology."

A reaction to an op-ed on how big banks are finally transforming their cultures:

In response to a BankThink post on why Bernie Sanders' plans for the banking industry are likely dead on arrival: