Wednesday, August 24, 2011

Less Power to the People?

On August 17, 2011, Barney Frank wrote the chairman of the Federal Reserve Board to request an extended public comment period regarding the proposed purchase of ING Direct by Capitol One.  This purchase would create the 5th largest bank in the United States. What type of impact do you think this purchase would have on consumers, communities, and the economy in general? Write to let them know your thoughts and concerns.
The Honorable Barney Frank, MA, Ranking Member
United States House of Representatives
Committee on Financial Services
Washington, DC 20515
The Honorable Ben S. Bernanke, Chairman
Federal Reserve Board
20th and Constitution Ave. N.W.
Washington, DC 20551

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