Fifth Third Chairman: FinReg Will Create "Unbearable Burden" for Small Banks

According to Fifth Third chairman William Isaac, the Dodd-Frank "reform" bill hasn't done anything to solve the real financial problems such as "too big to fail."

Instead, all it does is increase regulations and cost, making credit more difficult. Further, although it will be a "nuisance" to big banks, it will create an "unbearable burden" to small banks. Who would have guessed? (Apart from anyone with a first grade education, that is...)

The funny thing is that this bill will actually make the big banks even bigger, worsening the "too big to fail problem."