Quote:
Originally Posted by PR_Glen
is BAC paying back the bail out money they got? If they are then everything you have stated is worthless...
stock is up 70% in the last 3 months btw ;)
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That's great news, sadly i find it hard to agree that everything said is worthless when you can apply the same scenario to most of the banks and many have not paid 1 cent back. Royal bank of scotland is an even larger blackhole of tax funded bailout cash and the people at the top that made the big decisions that cost the country a fortune got huge huge payouts after the crash. They need to have their wages and bonuses tied to success or profits. Not get huge bonuses for losing money.