The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Thats what you get when you do the math!

To be fair, Wells Fargo has made $63 Bln in profits (bank bottomline) while Goldman Sachs has made only $24 Billion and really banks may have paid more for litigation than expected but as a recent Marcus & Cohen research paper mentions in definite conclusions (JMCB) those who pandered their balkance sheets to their stock had a much mightier fall ( citi/Bofa?) then the good guys in the crisis. and everyone knows this result is just a paper tiger but another that got Jamie Dimon where it hurts

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This entry was posted on June 26, 2015 by in Uncategorized.

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