The most stable banks have a solid retail base. The banks which borrow in the wholesale market may not have the retail infrastructure and the accompanying overhead, but they are operating on far tighter margins and do not enjoy the same stability as a group. The cheapest money available to banks comes from their ordinary retail clientele, and not their private client sector, which enjoys preferential treatment, or the wholesale market.Quote from Hello:
And where do you suppose the banks get the money to lend from?

Quote from Gayfly:
Edited for accuracy and a modicum of integrity:
Glad I could help.
Quote from Tsing Tao:
Ricter, give it a rest. you cannot draw a comparison like that with all the variables involved. sure, in theory if every single variable was the exact same, and the culture of the people was the exact same, etc. then yes. but no two countries are alike enough to fairly compare them.
why do i have to explain this to you? did you skip your morning coffee?
Quote from Ricter:
You're right, it's time to lay off the beleaguered banks. Here's Krugman's column on the matter, from yesterday.
http://www.nytimes.com/2011/03/14/opinion/14krugman.html?_r=1&partner=rssnyt&emc=rss
Quote from RCG Trader:
Im saying that I am a loyal follower of Rush, Hannity, Beck, Olberman(before he bit it), Matthews and Maddow.
The truth is always somewhere in the middle, and yes, I did write that to get ur attention. We have to let go of the two party system, it is there to divide and conquer. I finally realized it after Obama. Who is president is irrelevant, the nation will continue to be advanced in a direction until we take a greater interest in our original charter.