Big banks regain taste for risk

Of course they are willing to take big risks, what do they have to loose?

If they gamble big they just might make a fortune, and if they gamble and loose Obama will bail em out.

The bigger they are the less likely Obama is to let them fail like they deserve to if they gamble and loose.

This is the natural result of what Obama has done. If they thought they would be going out of business if they lost their money they wouldn't be such big gamblers.

Its like playing poker with an unlimited sponsor, or course you would make big bets... why not?

Anamouse wrote:

Of course they are willing to take big risks, what do they have to loose?
If they gamble big they just might make a fortune, and if they gamble and loose Obama will bail em out.
The bigger they are the less likely Obama is to let them fail like they deserve to if they gamble and loose.
This is the natural result of what Obama has done. If they thought they would be going out of business if they lost their money they wouldn't be such big gamblers.
Its like playing poker with an unlimited sponsor, or course you would make big bets... why not?

HORRAY HORRAY a exelent post. At least there are some people that can see what a snafu OBAMA has done. yea CHANGE YOU CAN BELIVE IN . LOL.

Anamouse wrote:

Of course they are willing to take big risks, what do they have to loose?
If they gamble big they just might make a fortune, and if they gamble and loose Obama will bail em out.
The bigger they are the less likely Obama is to let them fail like they deserve to if they gamble and loose.
This is the natural result of what Obama has done. If they thought they would be going out of business if they lost their money they wouldn't be such big gamblers.
Its like playing poker with an unlimited sponsor, or course you would make big bets... why not?

Right with you on this one my friend! It's a win-win situation for the banks no matter what happens. It's also a loose loose for everyone else. I say watch these (b)astards....and the twit in the White House!

What a wonderful awakening. Thank you for the article I just wish the people who have regulatory control over these institutions would start doing their jobs. The leadership and so financial experts continue to show the greed with out fear of consequence. The biggest looser in the US Banking system are the depositors. Not from failure of the banks as our government has bailed them out to the extreme. The depositors in banks are used with our governments blessing. They receive the small % of interest for their moneys they work so hard for and slowly put in the bank. Where is their reward for doing the right thing? The right things being, living within there means and acting financially responsible. It seems that the people who are rewarded the most are those who are irresponsible, dishonest or plain crooked. When caught they are fined a small about compared to the reward received. The banking industry has long sucked the blood from its depositors without proper reward. What other industry is there that takes assets from it customers and makes 3 times the profit on moneys that are not even theirs while giving the true owners of those moneys a significantly less % on those funds. Banks charge individuals large amounts of money for writing check from accounts with insufficient funds. Well what price did these same institutions pay for there large financial discrepancies. I am almost ready to start banking in the can in the back yard. At least the rules are easy to understand and will not be taken advantage of by the CAN.