re: #22 Political Atheist
For all that definitions change over time and location-that is what I call financial conservatism. A careful approach designed to mitigate risk in a growth environment. Seriously the big banks must be broken up. They did it to AT&T they can do it to B of A.
The problem with that is, with deregulation over the past couple of decades, AT&T’s been reforming like the T-1000 from Terminator 2, so that strategy’s right out.