I agree in concept, but I will toss this hand grenade into the mix. Suppose the superior performance of certain divisions of an extremely large organization help prevent the overall corporate losses from being significantly worse. AIG may not be the…
I think we will see these capabilities and more long before 2019. As for the video, well done and entertaining. I doubt there will be a need for a "brick & mortar" presence, but the story would have been less interesting if we saw Anita doing everyt…
While I agree with most of what is being said in the comments, I would like to add that we are generally a nation of consuming hypocrites. We want the banks to show exorbitant quarter over quarter growth so our stock portfolios continue to grow... w…
Not sure if any of you remember, but back in 1988 the bank I worked for (Mellon) did exactly what is being talked about today. Grant Street National Bank was created to take the bad assets off the balance sheet at Mellon Bank. The bad bank was divid…