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A comment on Ask HN: What if all banks had to be nonprofit?. Parent comment

Re:Ask HN: What if all banks had to be nonprofit? by sobes on Wednesday October 22, 2014 @05:58PM (#8495442)
I'm talking about all financial institutions being non-profits. Financial institutions would not have a responsibility to shareholders to show a return on investment. Instead they would only have a responsibility to provide a needed service to society (i.e. the creation of and access to capital).
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