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IPFS News Link • Corruption

ALL BUSINESS: Uncle Sam helps boost bank earnings

• Google
Have you ever read Barack Obama's Wall Street Problem is now Americas? Google it (by No Quarter) and Is Obama in Wall Streets Pockets (The Business Insider) Bank CEOs should give Uncle Sam a little kudos in their earnings reports. Without the U.S. government's help, financial companies wouldn't be showing such stellar results in the midst of a recession. There has been a flood of surprisingly strong profit news coming from the nation's banks in recent weeks. Asset sales and higher trading volumes have been a big help, but that's not all that got them there.

1 Comments in Response to

Comment by Lola Flores
Entered on:

 So much for being a Communist, eh?

But what an eye opener for anybody who thought he was 'the change we can believe in' - Ha!  Funny if it weren't so pathetic!

 



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