I have just been reading about how many of the world’s big banks have been hit by a $50billion fraud. The regulation (or lack thereof) of the banking industry is thought to be to blame.
Yet another example of why just letting these rich, greedy idiots do whatever they want isn’t going to be in the best interests of ordinary people.
But my question is this -
Where is all the money? Has it all just disappeared, I mean it has to go somewhere right? So where is it?
Someone knows, they just aren’t telling us.
Methinks that sympathy for banks is going to be pretty low right now, given the fact that they charge through the nose for slight account infractions and don’t pass on interest rate cuts when they’ve been given billions in public money.
Do you know anyone who feels sorry for a bank right now? I don’t.
