More than anything else, bankers are concerned about the growing burden of regulatory reform. Bankers are frustrated by all the new rules, which they doubt will do much good. That was the key finding of Grant Thornton’s annual banker survey. With heavy representation from Midwest bankers, nearly half of the 379 survey respondents said they doubt the reforms in the Dodd-Frank Act will be effective for preventing additional taxpayer-funded bailouts.
Those conclusions are consistent with the sentiments I have been picking up for months. Community . . .
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