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Thursday, April 16, 2020 9:21:08 PM
JPM and BAC cant seem to even pay back the money from the bailout from the government!!!!
JPM never paid back 3.1 billion of 2008 bailout and BAC never paid back 2.1 billion.
If they are making so much money, why cant they even pay back the government bailouts????? (like fannie mae did!)
Source:
https://projects.propublica.org/bailout/list
Scroll down to chase and BAC
Like I said the order from #1 ~> #3 changes depending on which criteria you are using... EV/Price to earnings/Income/Cash Flow etc etc...
Business comparison wise, it is apples to squirrels to frying pans.
The only peer fannie really has is just freddie.
Its a duopoly.
Literally.
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