BANKING 101 – BACK TO THE FUTURE FOR BANK PROFITS" rel="bookmark">BANKING 101 – BACK TO THE FUTURE FOR BANK PROFITS
Geoffrey Rogow’s article Banks Find a Little Breathing Room (subscription required) in the July 22, 2008, Wall Street Journal points out that banks are rediscovering how to make money the old fashioned way, by charging borrowers more for loans than it costs banks to make loans. This simple concept of how to make a “profit” […] [read full story]
Posted in: BANKS, Bernanke, Credit Crisis, Federal Funds Rate, Federal Reserve, Geoffrey Rogow, monetary policy
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