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Why Should Taxpayers Give Big Banks $83 Billion A Year?

Friday, February 22, 2013 - 7:09 AM
From Bloomberg
So what if we told you that, by our calculations, the largest U.S. banks aren’t really profitable at all? What if the billions of dollars they allegedly earn for their shareholders were almost entirely a gift from U.S. taxpayers?

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Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
1. Friday, February 22, 2013 - 8:02 AM
the banks are not getting any of my hard earned dinero maybe britelites but not me
girlonhorngirlonhorn3 posts since
Feb 22, 2013
Rep Points: 9
2. Friday, February 22, 2013 - 8:13 AM
I particularly like one of the comments to the Bloomberg article:

"This tells me all of the Bank Stress Tests conducted by the Fed were a complete fraud!"

ShorebreakShorebreak2,675 posts since
Apr 6, 2010
Rep Points: 14,527