The Answer to the Financial/Credit Crisis - More Banking Mergers?

Why You Care is not surprised by the New York Times story today reporting that the Treasury is seeking more mergers in the banking industry. The plan at its most basic level is this: Make all moves necessary to shore up banks.

Here's why you care: The story notes that it isn't just about the uber national banks, but the name brand regional banks. You need to read this story, because the unintended consequences of mergers have not yet been explored. However, we trust they will in the days to come. For those ahead of the curve, this means a number of things. First it may mean investment opportunities now. Second, it may (or may not) mean that banks start lending capital (on the national level). Third, it might mean a face lift for you small town bank. Fourth, if your small town bank does in fact get a face lift, it might mean a new person behind the loan desk that doesn't know you or your business - or conversely it might actually mean a familiar face behind the loan desk has money again.

Read this story and be ahead of the curve.