This Bank Rally Says A Lot About This Country's Lack of Integrity
If you are a bank, you really get away with murder, although the word murder might be a little bit to light.
For years you manipulate balance sheets and arrange shady transactions to create a massive paper profit for personal gain, and destroy the economy in the process.
In response to this massive fraud, the government shovels over to you unlimited amounts of taxpayer money, runs up the national debt, rewards you with 0% interest rates and buys all of your toxic assets as if it never happened.
Banks, one year after they created financial armageddon, are at ALL TIME HIGHS, all because they were essentially rewarded in an unprecedented manner for committing incredible fraud.
WOW! I dont understand why the general public isn't furious with this