Banks have been in the news this week ... again. LIBOR rate manipulations, JPMorgan Chase losses higher than expected ... and with interest rates so low, keeping our money under the mattress is starting to look better and better.
Bankers never die...They just lose interest.
If bankers can count, how come they have eight windows and only four tellers?
Banks are in some much trouble that their CEO's are now playing miniature golf.
Q: What's the difference between a guy who bets everything he owns on a roll of the dice in Las Vegas and an investment banker?
A: The dice.
Hammertime.
17 hours ago
4 comments:
It's a case of 'Supply and Demand', the Bankers would pay a lot more interest in our money if we took it out of the bank and put it back in the mattress. Why, it's like we're all a bunch of fools! Why pay higher interest on deposits if they have all the money they need? Buy Silver! That Gold stuff is a little pricey;-)
Good one, and that last one is true for damn sure!!! :-)
I will resist all urges to make a comment about "substantial penalty for early withdrawal" :-)
Pascvaks -if we kept our $$$ under the mattress the fed would just print more...
NFO - ain't it, tho...
Brigid - get your mind out of the gutter... ;-)
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