Friday, October 7, 2011

What do big banks do?

They;
make nearly 1/3 of the total corporate profits in this nation,
got bigger since the 2008 crash,
make record profits, higher than before the crash,
plan to lay of 10,000 more workers in the coming weeks,
4 biggest hold 50% of all mortgages and 66% of all credit cards,
5 biggest hold 95% of derivatives in the US,
10 biggest hold 60% all bank assets,
rarely loan to small business,
prospered while family wealth fell 12.8 trillion,
paid 5,000 bonuses of at least $1 million in 2008,
can get any government official to take a call,
don't actually like you.

2 comments:

  1. Shame on you for only looking at the negatives.

    Big banks provide an important role in the humanitarian feeding and nourishing of politicians and government officials. In addition, they provide vital economic support to the luxury goods industry.

    ReplyDelete
  2. And, who are those that protect the banks?

    Folks, Starting May - no quarter shall be offered...

    Sarge

    ReplyDelete

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