The American People Vs. Wall Street Banks
 

Interesting site and articles at: http://www.showdowninamerica.org/takeaction.html.


Bank Fact Sheets

Wells Fargo
Bank of America
JPMorgan Chase

Who knows how accurate this is or where these numbers are coming from, but I still find it interesting.

Well, banking is by a common sense definition a perfect crime:

- you make money by lending assets that don't exist

- you turn non existing assets into existing

Then there's a brand new trend:

- If you're big enough then you're not valued for your productivity, but for the amount of overall debt you are able to create, this way you keep millions of your clients as a political ransom and cash fat bailout checks

So basically, if you're a part of the top X banks you can fuck everything up, yet you're still on the top of the food chain - what other business works like this?

This doesn't apply to over 130 banks that went belly up over the past 2 years though.