It goes without saying that you should not weep for the banking industry. In the years following a Great Recession they caused, they still manage to churn out record profits. This is the 13th straight quarterly rise in profits for financial institutions. The industry’s third-quarter earnings jumped 6.6% from the same period in 2011, to [...]
Banks Rake In Profits – Largely From Government Supports |
| By: David Dayen Wednesday December 5, 2012 3:37 pm |



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