The Big bad Banks are back in business again.....do we ever learn?

[tigerred59]

The big 5 major banks all have reported huge windfalls and profits thanks to Trumps deregulating the industry again....and folks, preditory leading is at an all time high...again. Free credit is on the rise....keep in mind, this time...there will be no Obama or democrats to save you mf's, so get ready!!

 

[Mac1958]

To answer the question posed in the OP: No, we don't learn.

The banks are massive in scope and remain at risk. But they do contribute a lot to campaigns, so there's that.

 

[tigerred59]

To answer the question posed in the OP: No, we don't learn.

The banks are massive in scope and remain at risk. But they do contribute a lot to campaigns, so there's that.

But of course, but understand one thing, its the US tax payers that pay in the end, do keep that in mind.

 

[Mac1958]

To answer the question posed in the OP: No, we don't learn.
The banks are massive in scope and remain at risk. But they do contribute a lot to campaigns, so there's that.

But of course, but understand one thing, its the US tax payers that pay in the end, do keep that in mind.

Of course we do, and we might very well do it again. The higher - much higher - priority for our "leaders" is fundraising and re-election, though.

There is no good excuse for the size and scope of the banks right now.
.
.

 

[Windparadox]

The big 5 major banks all have reported huge windfalls and profits thanks to Trumps deregulating the industry again....and folks, preditory leading is at an all time high...again. Free credit is on the rise....keep in mind, this time...there will be no Obama or democrats to save you mf's, so get ready!!

`
Proof please.

 

[Mac1958]

The big 5 major banks all have reported huge windfalls and profits thanks to Trumps deregulating the industry again....and folks, preditory leading is at an all time high...again. Free credit is on the rise....keep in mind, this time...there will be no Obama or democrats to save you mf's, so get ready!!

`
Proof please.

Well, I'm in the industry. Check out the massive DOL "Fiduciary" rule that was enacted a couple of years ago. It's already been delayed, rolled out only in pieces, and the Trump administration is in the process of squashing it altogether.

In fact, the SEC has had enough and is formulating its own fiduciary rules now.
.

 

[tigerred59]

The big 5 major banks all have reported huge windfalls and profits thanks to Trumps deregulating the industry again....and folks, preditory leading is at an all time high...again. Free credit is on the rise....keep in mind, this time...there will be no Obama or democrats to save you mf's, so get ready!!

`
Proof please.

U.S. Mega Banks Are This Close to Breaking Their Profit Record
By
Yalman Onaran U.S. Mega Banks Are This Close to Breaking Their Profit Record

 

[tigerred59]

The big 5 major banks all have reported huge windfalls and profits thanks to Trumps deregulating the industry again....and folks, preditory leading is at an all time high...again. Free credit is on the rise....keep in mind, this time...there will be no Obama or democrats to save you mf's, so get ready!!

`
Proof please.

Well, I'm in the industry. Check out the massive DOL "Fiduciary" rule that was enacted a couple of years ago. It's already been delayed, rolled out only in pieces, and the Trump administration is in the process of squashing it altogether.

In fact, the SEC has had enough and is formulating its own fiduciary rules now.
.

U.S. Mega Banks Are This Close to Breaking Their Profit Record

 

[Windparadox]

U.S. Mega Banks Are This Close to Breaking Their Profit Record

`
Not quite. Proof of Trumps "banking deregulation". That profit was made while Obama was president.

 

[Mac1958]

If the banks can get away with what they did in 2006-2008 with no one going to jail, and if we STILL haven't done anything to move towards some kind of Glass-Steagall 2.0, then it's not going to happen, and our politicians know better.

 

[Votto]

The big 5 major banks all have reported huge windfalls and profits thanks to Trumps deregulating the industry again....and folks, preditory leading is at an all time high...again. Free credit is on the rise....keep in mind, this time...there will be no Obama or democrats to save you mf's, so get ready!!

But....but....but....Obama and the Dims fixed everything, just like health care

This just can't be.

It's almost as if there is some sort of link between big corporate money and government, except for the Dims in office, of course.

 

[Toro]

The big 5 major banks all have reported huge windfalls and profits thanks to Trumps deregulating the industry again....and folks, preditory leading is at an all time high...again. Free credit is on the rise....keep in mind, this time...there will be no Obama or democrats to save you mf's, so get ready!!

The banks making tons of money is great news!

There is too much retarded banking regulation. It's hurting the economy.

Keep deregulating, President Trump!

 

[Penelope]

U.S. Mega Banks Are This Close to Breaking Their Profit Record

`
Not quite. Proof of Trumps "banking deregulation". That profit was made while Obama was president.

Even under Dodd Frank. Amazing.

 

[CrusaderFrank]

The big 5 major banks all have reported huge windfalls and profits thanks to Trumps deregulating the industry again....and folks, preditory leading is at an all time high...again. Free credit is on the rise....keep in mind, this time...there will be no Obama or democrats to save you mf's, so get ready!!

Obamas pushed kids into over $1 Trillion in student loans, hes the biggest predatory lending ever

 

[Windparadox]

Obamas pushed kids into over $1 Trillion in student loans, hes the biggest predatory lending ever

`
People are so reluctant to discern facts after they've been sufficiently indoctrinated with political ideology.

 

[tigerred59]

The big 5 major banks all have reported huge windfalls and profits thanks to Trumps deregulating the industry again....and folks, preditory leading is at an all time high...again. Free credit is on the rise....keep in mind, this time...there will be no Obama or democrats to save you mf's, so get ready!!

`
Proof please.

Well, I'm in the industry. Check out the massive DOL "Fiduciary" rule that was enacted a couple of years ago. It's already been delayed, rolled out only in pieces, and the Trump administration is in the process of squashing it altogether.

In fact, the SEC has had enough and is formulating its own fiduciary rules now.
.

I'm in the industry also and I saw first hand in 2007 the beggining of what happened.....and I'm starting to see the same patterns again....credit card application souring like crazy and most coming from hispanics.