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.
agree 300% about the financial firms. 回复:2010 下半年实体经济开始全面复苏。
所有跟帖:
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Finance makes money out of nothing
-richard_hz-
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12/06/2008 postreply
16:05:15