The queen sized mattress and loan company is ready with all my banking needs. Easy term loans and deposits are happily accepted. No premature withdrawal penalties. No lines. No pesky 1099s. Convenient location.
New: Years ago during his junk bond selling flushness, DT’s net worth crashed with the market and he’d have been long gone except the banks were so tied up with his bond debt that they’d have gone down with him. So they bailed him out to save themselves. So Mr. Business is truly an illusion.
The banks apparently learned that lesson and applied it to the government’s relationship with them.
What if we could set the price for the Bank to use OUR money?
You deposit money with them and they make a boat load off of us. We only get a very small fraction of that in interests. And even then we pay taxes on the few dollars we might get.
Mr. Banker, I will deposit my money at your bank for your use for 10% interest each month, as long as you prove to be the best bank. Right?
Starguy, that almost happened. I was a programmer for a small bank about 35 yrs ago. One of their biggest customers wrote a check for over one million. They really had to scramble to scrape up the cash! It made me wonder.
The Duke 1 about 14 years ago
What a slam!
Templo S.U.D. about 14 years ago
Try a new bank, Zig-ster.
COWBOY7 about 14 years ago
They aren’t worth it Ziggy! Head on down the street to the next one.
ronaldmundy about 14 years ago
saving? my patootie.
RavennaAl about 14 years ago
Saving it for their CEO’s bonus is more like it.
lewisbower about 14 years ago
The queen sized mattress and loan company is ready with all my banking needs. Easy term loans and deposits are happily accepted. No premature withdrawal penalties. No lines. No pesky 1099s. Convenient location.
Sorry, no toasters.
freeholder1 about 14 years ago
New: Years ago during his junk bond selling flushness, DT’s net worth crashed with the market and he’d have been long gone except the banks were so tied up with his bond debt that they’d have gone down with him. So they bailed him out to save themselves. So Mr. Business is truly an illusion.
The banks apparently learned that lesson and applied it to the government’s relationship with them.
freeholder1 about 14 years ago
No premature withdrawl penalties, Lew? I wish I’d gotten that put in the prenup.
battycomic Premium Member about 14 years ago
To quote Jodie Sweetin from Full House, “HOW RUDE!”
Nighthawks Premium Member about 14 years ago
now put your pants back on and get out of here!
coffeeturtle about 14 years ago
What if we could set the price for the Bank to use OUR money?
You deposit money with them and they make a boat load off of us. We only get a very small fraction of that in interests. And even then we pay taxes on the few dollars we might get.
Mr. Banker, I will deposit my money at your bank for your use for 10% interest each month, as long as you prove to be the best bank. Right?
starguy about 14 years ago
It’s like this: if your $100 check bounces, YOU’RE in trouble, but if your $100,000,000 check bounces, the BANK’S in trouble.
skymante about 14 years ago
Starguy, that almost happened. I was a programmer for a small bank about 35 yrs ago. One of their biggest customers wrote a check for over one million. They really had to scramble to scrape up the cash! It made me wonder.
mrslukeskywalker about 14 years ago
According to the news, nobody’s getting a loan.