… there, started working for an investment advisory company that was advising the banking industry and the savings banking industry. And I was young and aggressive enough that thought, you know, We have about, oh, at that point, 18,000 banks, about 12,000 savings and loans. interstate banking regs were falling. So back prior to that, a bank from Illinois couldn't come into Wisconsin, a bank from Wisconsin couldn't go into Illinois, and those state lines were starting to fall. (02:35–02:43)
CLAIM
Asserts that there were approximately 18,000 banks and 12,000 savings and loans at a certain point in time.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.