Wisconsin Banking Update
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Editorial: Don’t Blame Community Banks
Posted on January 17th, 2010 No comments“Wisconsin’s community banks are stable members of their communities; they continue to finance businesses; and they’ve not gotten caught up in the financial gizmos created by the too-big-to-fail investment banks. So, they ask, why are we suffering for the sins of the Wall Street bankers and others whose credit default swaps, collateralized debt obligations and other risky behavior brought us to the brink of economic collapse? It’s a fair question,” writes the La Crosse Tribune in an editorial. Read more.
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