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Direxion Daily Financial Bull 3X ETF Message Board

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  • yourdeadmeat69 yourdeadmeat69 May 3, 2009 8:41 AM Flag

    How Can Banks Make Money?

    New lending makes the operating capital to survive, as long as you don't look at the value of the older loans, leveraged till every bank in America is insolvent.

    That's why they went from mark to market to mark to murky. They hope to wait out a "recovery" based on inflating prices in real estate.

    That's a five year to seven year process. Nobody in his right mind thinks less, and every investor who thinks differently is throwing darts....

 
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