Following last Tuesday’s announcement that GE Capital had purchased an online bank from MetLife, the company’s stock dipped — and MetLife’s rose. This is perhaps unsurprising, given increased regulations around profit and the general downward spiral of the banking industry’s reputation. And while support for the Occupy Wall Street movement is also rumored to be on the decline, at least one pundit suggests the protestors adopt a classic can’t-beat-’em-trick: open their own credit union. The obstacles to this are numerous and obvious, but that it was suggested at all highlights a truth that may very well define 2012: the Occupy movement has become an inescapable and deeply ingrained part of our culture.
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