Is the bank really a bank? Should this bank follow banks’ regulations?

1) Ice-Cream Bank’s Rocky Road

http://online.wsj.com/article/SB10000872396390444433504577649971326432962.html

 

2)      Pittsburgh ice cream bank owner says regulators are backing off

 

http://www.wtae.com/news/local/allegheny/Pittsburgh-ice-cream-bank-owner-says-regulators-are-backing-off/19522712

 

March 29, 2013

If this link does not work, your instructor can provide a pdf. file with this article.

 

In your initial response to the topic you have to answer all 3 questions.

You are expected to make your own contribution in a main topic as well as respond with value added comments to at least two of your classmates as well as to your instructor.

Share your ideas regarding this article.

  1. Is the bank really a bank?
  2. Should this bank follow banks’ regulations?
  3. Discuss the risks associated with this bank.

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