2min chapter

The Compound and Friends cover image

Jill On Money

The Compound and Friends

CHAPTER

The Regional Bank Index Is at a New 52 Week Low

The regional bank index is at a new 52 week low. "I think we have way too many banks," says John MacIntosh of the New York Federal Reserve. He thinks that if you want to run your local bank and everybody has FDIC insurance, that's cool. But he doesn't think they are supervised correctly.

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