Markets Aren't as Benign as They Look [View article]
good article, however the only thing I want from bankers is that they pay me a decent interest on my deposits and in turn lend it out at a reasonable rate. All else in the banks and the rest of the financial system is little more than a crap shoot. The shoot of course makes a few people very rich and the screws the rest of us as well as the nation as a whole. It will never change until such time as the banking execs, and brokers are brought under control.
Ken Lewis and BAC's Shareholders Got Hosed by the Feds [View article]
If you ask me I think Lewis and all the other heads of the financial industry should be thrown out of their executive suits they created the mess the country is in.
We the tax payers are already paying for the mess they made and for their mis-management.
We the stockholders should sue the CEO and the Boards for the mess they created, and some of these people need to go to jail.
Greed and stupidity should not be rewarded. Financial corporations and their management should be put in regulatory straight jackets until they get their act together.
Unfortunately our system is built around greed, connections, you scratch my back and I will scratch yours.
We the small stock investors always wind up holding the bag after the rich and powerful make off with the jewels.
A disgruntled BofA investor and client. B of A was a great bank when it was headquarter in San Francisco but not any more, I wish that it was called something else.
Markets Aren't as Benign as They Look [View article]
Ken Lewis and BAC's Shareholders Got Hosed by the Feds [View article]
We the tax payers are already paying for the mess they made and for their mis-management.
We the stockholders should sue the CEO and the Boards for the mess they created, and some of these people need to go to jail.
Greed and stupidity should not be rewarded. Financial corporations and their management should be put in regulatory straight jackets until they get their act together.
Unfortunately our system is built around greed, connections, you scratch my back and I will scratch yours.
We the small stock investors always wind up holding the bag after the rich and powerful make off with the jewels.
A disgruntled BofA investor and client. B of A was a great bank when it was headquarter in San Francisco but not any more, I wish that it was called something else.