Why Moody's 15 bank downgrades matter
Ratings cuts can cost global banks big money. But regional banks could find opportunity in the fallout.
Let them go bankrupt, and let's not bail them out.
Move your money to a local credit union.
If enough people did this, problem solved.
That makes big banks small enough to ignore when they fail.
Since we just recently bailed out the banks, and slightly over 20 years ago bailed out the savings and loans, using money we borrowed from the Federal Reserve..maybe this time the Federal Reserve should bail out their own.
Heck, the Fedreal Reserve is the largest private bank in the US, and they have the gaul to charge us interest for them to print money because our government is to lazy to take back that responsibility..So far, the Federal Reserve has been no friend of the US citizen or our government.
People seriously need to wake up, the people who run the system are screwing everyone and making money off YOUR misery, they need to be identified and thrown in jail!
Get informed, pay attention and get your butt out there! It's not going to get better until people make it known they won't stand for it anymore!
A concerned depositor.
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The solid report comes a month after the retailer closed all of its Canadian operations.
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