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And, yes, I DO take it personally: Whining U.S. banks make me physically ill
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Sunday, January 29, 2012

Whining U.S. banks make me physically ill

great gobs of steaming bullshit... the banks are one of the prime culprits in why the world economy is in the mess it is in right now and, despite the trillions of dollars that the u.s. and the eu have tossed their way, have continued to reward themselves without any regard for the general welfare of the people they were chartered to serve... now, they're saying if they don't get their way, it will only delay any recovery... they can all go directly to hell...
Banks warn rule change will hurt recovery

US banks fear that any recovery in the US housing market will be further delayed as a result of moves to remove credit ratings from American regulations, which will boost banks’ capital requirements by billions of dollars.

Bankers have until Friday to respond to a proposal by the Federal Reserve and other regulators that would increase the “risk weights” on securitised assets, driving up sharply the equity capital that banks are forced to set against them.

screw 'em... they haven't done anything for anybody but themselves...

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