From the website Main St.:
A newly released Harvard study indicates that the Dodd-Frank Wall Street Reform and Consumer Protection Act has given Wall Street an advantage over Main Street – the opposite of what was intended.
Two researchers at the Mossavar-Rahmani Center for Business and Government of the John F. Kennedy School of Government at Harvard University have just published their findings in a report called "The State and Fate of Community Banking" that concludes Dodd-Frank has helped to speed up the decline of America’s community banks.
The full article is here.
0 thoughts on “Study finds Dodd-Frank law helped big banks, hurt community banks”
For more of our coverage, including criticism, of the Harvard report, go to http://pubcit.typepad.com/clpblog/2015/02/dodd-frank-act-killing-law-school-applications.html