peHUB Second Opinion 10.31.08
Happy Halloween! Yes, You: Each taxpayer now has around $1,785.71 of an ownership stake in U.S. banks, including JPMorgan Chase, Citigroup, Wells Fargo, Bank of America, etc. Chuck Haberman says, “as shareholders, we have thoughts on aspects of banking that seem beyond the scope of Messrs. Paulson and Bernanke.” Among his requests? Pens at bank counters that actually work, a moratorium on new bank branches in New York neighborhoods, and end to ATM fees, and an end to bank-sponsored sports stadiums. Still?: October saw the greatest IPO withdrawal rate since 1995. I didn’t know there were any more to withdraw. The total is 30, by the way. I thought we stopped filing those ages ago.
31 October 2008•1 min read
