What happens to banks if trading profits fall off and banks are left to rely on traditional operations?
Friday, February 5th, 2010 at
11:15 pm
Sean asked:
The banks have been betting big on stocks, bonds, commodities and other assets. Trade gains will only last so long.
The banks have been betting big on stocks, bonds, commodities and other assets. Trade gains will only last so long.
Tagged with: Banks • Profits • Stocks Bonds
Filed under: Commodity Trading
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Do they still get to have fractional reserve banking?
Traditionally, they take our money and run.
I believe we have already seen the answer to that question. Re September 2008.