Some folks trust to reason
Others trust to might
I don't
trust to nothing
But I know it come out right
Say it once again now
Oh I hope you understand
When it's
done and over
Lord, a man is just a man
The Grateful Dead - "Playin' in the Band"
Lyrics by Robert
Hunter. Music by Bob Weir
First a couple of updates. On Sunday The New York Times published a map prepared by graphics editor Hannah Fairfield using the data from the division of insurance and research at the FDIC and analytics from The IRA Bank Monitor showing the distribution of banks large and small across the US. The map illustrates the fact that most of the communities in the US are served by smaller regional and community banks, which hold more than half of total deposits. While large banks account for half of total assets in the banking system, their liabilities tend to be only about half deposits, thus the apparent disparity. To view the map, click the link below: