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Re: fwh3334zeke post# 421698

Thursday, 04/30/2015 5:35:14 PM

Thursday, April 30, 2015 5:35:14 PM

Post# of 734982
This is one of the big jokes you can see in Wall Street. JPM paid 1.9B for WMB, and it holds 150B WMI's assets. Normal US citizens deposit their hard-earned money with small interests annually, banks get guaranteed profits for loan and mortgage business just marking up higher interests to borrowers. Executives, CEOs and those high rank officers in banking institutions get tens or even hundreds million dollars salary plus bonus and compensation.
Banks made huge mistakes, frauds, no one will be in jail, they use shareholders's equity pay to the fines. They use shareholders equity lobbing congressmen, senators. They use shareholders equity for election donations.
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