2. Domo Arigato, Mr. Roboto
The banks are going to take it hard. You can expect bankers to act more like robots. Wait till you try to get a loan. It won't be easy.
— UNC Charlotte finance professor Tony Plath, commenting that an Obama victory will lead to bank regulators demanding higher capital requirements, a limitation on banks' ability to fight claims brought by government consumer advocates and the banking industry limiting lending and service to minimize risk.
Source: Charlotte Business Journal
Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio