BB&T has tons of commercial real estate being put back to them. BB&T has gone from lender to landlord, meaning BB&T is paying the taxes and maintaining the property. A whole new division was created to handle this mess. Going forward, like every other bank, who is BB&T going to lend? There are way too many banks for the new landscape called America. Credit scores trashed on a mass scale of the population - no longer credit worthy. Huge tax increases coming destroying any business growth. Interest rates at 0 and we can hardly get any growth??? There is so much more hell to pay and banks are the ones that will get hit the most.
They are far from clueless. They are experts at transferring your money to their pockets. How else can can the securities industry have the biggest buildings in every major city around the world and give themselves billions in bonuses.
Never under estimate the ability of those who have a perceived insight to use that perception to increase their wealth at the expense of the sheep who make up much of society.