Small banks "appalled" at preferred bailout treatment for mega-banks

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Excerpt ABC abcnews.go.com

“We haven’t committed these sins but yet, our reputation is tarnished and yet, we still aren’t too big to fail,” she said. “We’re the good guys and I’m furious about it. There is no equal treatment. I’m not too big to fail. If I had gone out and done what the big banks did, I would have been shut down.”

The way that the legislation was crafted, not all of the small banks can qualify for the help. And those that do, fear that all the money will be spent on big banks before they even get a shot at the aid.

“It’s a very un-level playing field. It just feels like the government doesn’t care about Main Street, or at least Main Street banking,” she added.

Continue Reading at ABC

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