Banks

Jump to Last Post 1-4 of 4 discussions (6 posts)
  1. profile image44
    immisaposted 9 years ago

    Banks are losing their share in the market day by day mainly due to NPL (Non performing Loans). Banks have ample amount of bad debts.

  2. Cagsil profile image81
    Cagsilposted 9 years ago

    And, if the Government had done what they really should have done, the banks wouldn't be suffering at all.

    Approximately 1% controls 95% of America wealth, while sharing only about 10% of the total debt citizens owe.

    Now, that's alot on the banks. However, since they are own by rich people, they can afford to take some losses to go along with bad business practices, which devastated the Economy.

    If you're curious, what I meant, in my first statement?

    Well, believe it or not, Government could have given EVERY citizen over 18 years or older.....a LUMP SUM tax free $250,000.00 check, to pay down their debt, so the load wouldn't be as burdensome.

    But instead, they gave the money to the banks, who continue to leverage and reap huge profits.

    PLUS, there are some "businesses" like "Investment" firms and Brokerage firms, which were transformed into banks.

    These companies are still operating as banks and haven't returned to their initial business model, due to the crisis.

    This is also allowing for huge gains for investors, shareholders, bond holders and the Stock Market overall.

  3. profile image56
    gmrwebteamposted 9 years ago

    The biggest problem with the bank is that it takes quite a long time and paper works for approval of any loan.
    This is where payday loan from money lenders comes into play.

    1. J. McCoy profile image61
      J. McCoyposted 8 years agoin reply to this

      If you don't mind paying the average payday loan interest rate of 240%.

  4. MikeNV profile image78
    MikeNVposted 8 years ago

    You need to do some reading about how a Fractional Reserve Banking system works and who it benefits.

    The Federal Reserve is the root cause of the economic problems.  Money is taken from Tax Payers and funneled to a select group of private Bank Owners.  Ownership which hides under corporate privacy laws.

    The Federal Reserve is a Private Bank and by law gets 6% return on investment.  And they don't do anything more than print money and set policy.

    So go ahead and feel sorry for banks... uh... that's good thinking.  Banks are the problem, not the solution.

    When they fail, they should be allowed to go under.  If you want to bail someone out... bail out the American Tax Payer not the Wealthy Corprate Bankers.

    1. Karina S. profile image61
      Karina S.posted 8 years agoin reply to this

      Interesting post

 
working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)