Posts Tagged ‘disintermediation’

  • Ice cream stores

    An Ice Cream Bank?

    Sep 15, 12 • 316 Views • No Comments

    Should you deposit your money at your local ice cream parlor? Yes, according to a Pennsylvania businessman who has opened a bank in his ice cream shop. But he says his business idea is not really a bank. He does take deposits and offers loans, but you get...  [read more]

  • It’s Complicated

    Jan 16, 10 • 293 Views • No Comments

    Oversimplification concerns me. Some people are saying we should resuscitate Glass-Steagall. Passed in 1933, the Glass-Steagall Act (Banking Act of 1933) prohibited commercial banks from engaging in investment banking activities and created the FDIC. Also a...  [read more]