Few states have been hit as hard by the financial crisis as Georgia. With her economic engine humming along and unemployment hovering around 5 percent for several years until 2008, Georgia suddenly saw thousands of mortgages sour and dozens of banks fail in a slide that continues to this day. This study examines the impact of the Dodd-Frank Act on Georgia’s banking industry and overall economy.
Few states have been hit as hard by the financial crisis as Georgia. With her economic engine humming along and unemployment hovering around 5 percent for several years until 2008, Georgia suddenly saw thousands of mortgages sour and dozens of banks fail in a slide that continues to this day. This study examines the impact of the Dodd-Frank Act on Georgia’s banking industry and overall economy.