Today Joe goes on a rant expressing the frustrations many of us feel about the current banking situation. Joe recaps the rise of the big banks starting from the 50+ banks around in the mid 90’s and eventually consolidated into the top 4 we have today; questioning if it is good for consumers. He also talks about several other irritating situations stemming from the big banks such as:
- Bank influence on congress being reflected in disappointing elections
- Consistently poor service ratings
- Mortgage dominance
- Disruptive financing (Fin Tech)
Be sure to listen in between 3-4pm PST on AM 1220 KDOW. To learn more about all our hosts and how to contact them, simply visit www.reradiolive.com.