It’s official: U.S. banks topped US$100B in profit in 2018

[ajacobson]

https://www.bnnbloomberg.ca/it-s-official-wall-street-just-made-100-billion-for-first-time-1.1199247

 

[Visaria]

Congrats...have they paid back all the 2008 bailout money yet?

 

[quechua]

It's all theirs when they make a profit, it's all taxpayers' when they need a bail out.

 

[zdreg]

crony capitalism +fabian socialism =toxic combination. then people should not wonder why the US is on the decline.
https://www.forbes.com/2008/11/03/obama-fabian-socialist-oped-cx_jb_1103bowyer.html#63afc3b317cd

 

[mlawson71]

They made that profit and then what, did it get invested anywhere else?