how the finacial firms make money?
borrowing at low rate lending ar high rate - making money on the spread.
Fed's actions to rescure the economy created the perfect conditions for the banks to make money - big money.
In the not so far future, the banks who suvived this crisis will see their profits go through the roof.
I am backing this with all of my credentials:
over 10 years in the financial industry
a BS in Mathematics
an MBA in finance.
Thanks for reading!
go making money.
Thank Boxhead for bring this up to the attention of our fellow folks.
borrowing at low rate lending ar high rate - making money on the spread.
Fed's actions to rescure the economy created the perfect conditions for the banks to make money - big money.
In the not so far future, the banks who suvived this crisis will see their profits go through the roof.
I am backing this with all of my credentials:
over 10 years in the financial industry
a BS in Mathematics
an MBA in finance.
Thanks for reading!
go making money.
Thank Boxhead for bring this up to the attention of our fellow folks.
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