Fancy a cup of tea with your interest on cash?
banks
Details about Barclays and other banks attempts to rig the LIBOR market for profit are just the latest drip drip drip in the leaking away of the case for bankers.
Bank preference shares have fallen with bank shares on summer’s worries – to the extent that they’re tempting me back for a second look again.
Goldman Sachs? In a murky deal? Involving sub-prime debt? And arrogant bankers? With it’s reputation? Please, pass me the smelling salts.
Bankers don’t deserve their multi-million bonuses in the best years, let alone when they’re on life support. Bash those bonuses.
The banks are both too big to fail and too profitable to be allowed to continue in their current state.
Interest rates, the economy, the stock market… everything is down. The only way (some day) is up!