... thesupply of credit to many good risks, hurting the local economy.One reason for the concern is that the megabanks created by consol-idation tend to have long lines of managerial control that ... Diversification and Risk in Banking,” Journal of Economics and Business, November.Long, Simon. 2000. “Online Finance: The Virtual Threat,” The Economist, May 20.Marks, James. 1999. “The Impact of the ... Jayaratne, Jith, and Donald P. Morgan. 2000. “Capital Market Frictions and Deposit Constraints on Banks,” Journal of Money, Credit, and Banking, February.Kashyap, Anil K., and Jeremy C. Stein....