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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (11560)	1/29/2009 8:54:03 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 33421

Hey John, so....here's a naive question.....with all of these banks failing, and evening BAC and WFC being in trouble, who will see this as an opportunity? How much money does it take to open a bank? Cisco supposedly has upwards of $25B.....could we see the Cisco Bank? or Pfizer Bank? or is it all going to be nationalized because the business opportunity has gone away with the economic environment coupled with an increasingly hostile tone in the political environment? (referring to the suggestion that banking will become so regulated that making a buck will be a real pain in the ass).