Banksters Always Win: Large US Banks Get Fed To Change Rules To Allow Large Share Buybacks Again!

Sharing is Caring!

by Jason Burack of Wall St For Main St

The Fed announced that large US banks passed a new (phony) stress test and were allowed to do share buybacks again.

But how are tens of billions per year in large bank profits so insulted from the pain in the real economy and banks are not making loans into the real economy as measured by the velocity of money?

Jason talks about how banks have changed their business models for profit over the last few decades thanks to insights from former manager director of Goldman Sachs and Bear Stearns, Nomi Prins.


Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.