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Business Update: Banks still hurting

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Uploaded by on Jan 15, 2009

Jan. 15 -JP Morgan Chase announced a steep drop in quarterly profits in a sign banks are still suffering from loan-related losses.

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  • Bank of America pays its CEO $20,000,000.00 a year, plus performance bonuses! Maybe that's why they're hurtii

  • solution: don't use banks

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  • "If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered."

    Thomas Jefferson

  • ... i believe i was being sarcastic

  • read a newspaper so u know about how simple things work

  • Again I Shout; "NO TAXATION WITH MIS-REPRESENTATION"!

    Its actually no taxation without representation... thats exactly what the settlers said against King George, in their list of grievances in the beginning of the constitution.

  • The Bible warned against lending money, that's one of the bits I do agree with, that and the not killing people.

  • AMERICA! Wake Up! The continuing unconstitutional banker bailouts will continue breaking the economy. Soon the dollar will be completely devalued. The Banks are the enemy of the US and it's citizens. These banks which have "STOLEN" the US tax dollar is in control of our government and has cast us all into economic slavery. Again I Shout; "NO TAXATION WITH MIS-REPRESENTATION"!

  • what?! a bank is still in bad shape? but i thought the bailout would fix everything!!! WTH i thought that things would change under Obama!!!?!?1

  • Bank of America sucks. WHEN I use to bank with them they would improperly charge me over draft fees on a fairly consistent basis. Every time I called I got the run around, guidelines and rules seemingly would change depending on who I was speaking with. They lost me and many others due to their practices, add this latest lending problem and hopefully they go out of business in the least destructive way possible.

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