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re: Very big PPP development—FED will buy the loans

Posted on 4/6/20 at 6:32 pm to
Posted by BigPerm30
Member since Aug 2011
26048 posts
Posted on 4/6/20 at 6:32 pm to
So basically banks are getting to add directly to the bottom line on the backs of another financial crisis. I guess he who holds the gold makes the rules. fricking big banks suck.
Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 4/6/20 at 6:34 pm to
quote:

So basically banks are getting to add directly to the bottom line on the backs of another financial crisis.


Well, this one they had no part whatsoever in creating and yet are being asked to provide quick cash so companies can weather the storm. So I really have no problem with it.
Posted by burdhead
WOMP WOMP!!
Member since Apr 2017
6008 posts
Posted on 4/6/20 at 6:38 pm to
quote:

fricking big banks suck.
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