Banking industry profits hit another record, $62 billion

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The 29 percent increase in quarterly profits is just the latest indication that a decade after a global financial crisis that wiped out trillions in wealth, the country’s 5,400 banks have not just recovered but are even stronger.

 

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Fractional reserve banking....the greatest robbery in American history. The most corrupt banking practice in the world...yet our journalists say/do nothing to expose the corruption..Disgusting.

Is that Long Count Billions or Short Count ! X,000,000,000,000 or x,000,000,000 ! One mans’ Billion is anothers’ Trillion and also a lot less than anothers’ Trillion ! Cant and jargon !

Way to go big banks

Good. That’s good.

conservative tax reform at work, the rich just keep getting richer.

GTCost

😑

The American people need to thank the GOP and the Democrats for their contribution to the banks.

Trump is making banks richer...and everybody else poorer.

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U.S. banking sector reports $62 billion profit in third quarter: FDICThe U.S. banking sector reported $62 billion in profits in the third quarter, up... Look, the Donald’s Tax plan paid pack his Billions in personal bankruptcies. Convenient. Ayo, when is this going to trickle down ? So I suppose the bankers will give themselves big, big bonuses and pay out huge dividends and find ways to avoid paying taxes. The trouble is that when it all goes upside down again, the tax payer will be cal led upon to save them. I guess I'm a party pooper!
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