The merger of the two companies, which are among the largest credit card issuers in the U.S., would expand Capital One's credit card offerings and its deposit base.
Competition is good for everybody but those that have a stake in the companies doing the consolidating. Of course, the people who have said stakes would include basically every single lawmaker.
If you ask me, the only investments that lawmakers should be able to make is into a fund that only returns at a rate that the average wage in the nation increases. Any extra goes into funding social services.
Not average wage, Minimum wage increases. If it’s good enough for their constituents, it’s good enough for them. Same for their taxpayer-funded healthcare. Time to shop on an exchange boys!
Because antitrust is bad for the stock market and politicians are heavily invested in the stock market.
But I was told competition was good for the market.
Competition is good for everybody but those that have a stake in the companies doing the consolidating. Of course, the people who have said stakes would include basically every single lawmaker.
If you ask me, the only investments that lawmakers should be able to make is into a fund that only returns at a rate that the average wage in the nation increases. Any extra goes into funding social services.
Not average wage, Minimum wage increases. If it’s good enough for their constituents, it’s good enough for them. Same for their taxpayer-funded healthcare. Time to shop on an exchange boys!
but not the stock market.