Published Sunday, March 03, 2013

Loss of small banks hurting economic recovery

By SARAH FAY CAMPBELL

sarah@newnan.com

The loss of small, community banks over the last few years now is a drag on a brightening economic picture, says a University of West Georgia professor.

Securities regulations put in place in the wake of the Enron scandal ended up severely hurting community banks during the housing crisis, according to a recent study done by UWG professor Dr. Joey Smith.

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