and then they will pay ALL of that money back to the taxpayers. Then, there will be NO re-fis pretty much for the next 15 years. Also, not many home purchases or loans of any type. THEN, you need to see how the banks are borrowing SHORT and lending long and LOW. Later, interest rates go back up and banks ARE ABSOLUTELY CRUSHED because they have lent long-term, at low rates.
Remember the S&Ls??
Better understand banking before you fancy yourself a bank investor.....you'll just end up a broke guy who bought bank shares.
You're a funny guy. You think you understand the banking business. I do know that most banks don't even keep their loans, but resell it to Fanny and Freddy, so they make a nice profit without the long term headache. How oten did banks go bust over the last decades, and re-emerged better and stronger?