Quote:
Originally Posted by L-Pink
Maybe if hundreds of millions in bonuses aren't paid each year investment banks would have a higher reserve for down times. Cocksuckers.
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Well said. Forgive me if ive got this all wrong as i dont completely understand the issues, but wouldnt they also be helping their liquidity problems by offering much higher interest rates and yields on their savings products?
Instead of being forced to run to the Fed and other banks and crash their share price and ruin their brand, they could take a minor hit on earnings by offering very high rates?