K96.3FM Radio Spot
BOM reporting Q4 profits 14% higher than expectations.
Banks seem to be thriving in this recession.
Good thing?
I suppose we need them to be healthy.
Look what happens when they’re not – US
I think it's a good thing we have such a strong banking system that's reverred around the world. That's a solid foundation for our economy. Banks tend to do well in a low interest rate environment. Even banks in the US are doing well. The US Treasury sold its last Citigroup shares for $10.5 billion, bring taxpayers profit on the $45 billion bailout to $6.85 billion, or so they say. Mind you it took life support for the economy of over $1 trillion to accomplish this. Do you know how much a trillion dollars is David?
I was having coffee this morning with a fellow hound and he asked me that question. If you started spending the day Christ was born and spent $1 million dollars a day you would still have money left over today.
Banks seem to be thriving in this recession.
Good thing?
I suppose we need them to be healthy.
Look what happens when they’re not – US
I think it's a good thing we have such a strong banking system that's reverred around the world. That's a solid foundation for our economy. Banks tend to do well in a low interest rate environment. Even banks in the US are doing well. The US Treasury sold its last Citigroup shares for $10.5 billion, bring taxpayers profit on the $45 billion bailout to $6.85 billion, or so they say. Mind you it took life support for the economy of over $1 trillion to accomplish this. Do you know how much a trillion dollars is David?
I was having coffee this morning with a fellow hound and he asked me that question. If you started spending the day Christ was born and spent $1 million dollars a day you would still have money left over today.
posted by David Allard at
8:27 AM
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