business

Megabanks book profit gains on surging stock market

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© 2013 AFP

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So banks make money because they have big holdings of equities. Is that really a proper banking business model?

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Is that really a proper banking business model?

Playing stock market lottery with the customers's money ? Of course, since tax payer are here is the situation is getting bad, there is 0 risk for them.

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Banks get govt money which is supposed to go into the real economy to help business and stimulate the economy but instead these greedy Awholes use it to play the stock market and boost the banks profit at the expense of the people and the economy, Typical greedy banker stock market type mentality.

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