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Why does government refuse to help small banks but only helps large banks?

Small banks keep getting shuttered every week. Probably 85 to 90 small banks shuttered this year alone. None of them got any bailout or help from government. It seems government wants only large banks to exist. Why would it not want small banks to exist? Small banks have always provided better service, better loan rates, and no hidden charges or bank fees. The large banks are totally opposite.

Asked By: cricket - 10/24/2011
Best Answer - Chosen by Asker
It Falls under the core of socialism dependent on Too Big to Fail, Cronyism, Special privileges/Interest, bailouts, subsidies, loopholes & Entitlements supported by constant spending & borrowing spree that will not end even if the incumbent tax all the way to 99% cause when it does end, no more Too Big to Fail... More
Answered By: Blanco y egro Mechta Afalou - 10/26/2011
Additional Answers (5)
the 4 big banks didn't need a bail out they are making billions that isn't fair
Answered By: Intel lectual Liberal - 10/24/2011
 
Goldman Sachs and the big banks run the government. They pull all the strings. That's why.
Answered By: Nancy Pelosi 2016 - 10/24/2011
 
If a large bank closes it will have a greater impact on the overall stability of the economy than a small bank.
Answered By: Auzy--Conservative 2.0 - 10/24/2011
 
Something to do with the zionist movement perhaps.
Answered By: RudolfHess - 10/24/2011
 
Because the government bow to wall street.
Answered By: SociallyAwkwardPenguin - 10/24/2011
 
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