The Last Banks Standing Recent bank failures, mergers and buyouts mean consumers have fewer choices these days. There are concerns now that this decrease in competition will mean too much control for a handful of huge banks. The director of Financial Services at the Consumer Federation of America discusses whether it's a real problem.
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The Last Banks Standing

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The Last Banks Standing

The Last Banks Standing

The Last Banks Standing

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Recent bank failures, mergers and buyouts mean consumers have fewer choices these days. There are concerns now that this decrease in competition will mean too much control for a handful of huge banks. Madeleine Brand talks to Director of Financial Services at the Consumer Federation of America, Jean Ann Fox, about what fewer banks mean for consumers.