LOST JEEPS :: View topic

..has lowered the rate the banks pay to 0.25% to 0.00% and they can legally leverage that money 10:1. The crook who ripped off a bunch of the wealthy leveraged his money 30:1 and Fannie Mae/Freddie Mac leveraged their money 40:1.
Borrow the money for 0.25% and leverage it 10:1, what a scam. Put it this way borrow $10.00 pay $0.25 a year in interest to the FED and loan $100.00 and collect $12.00 in interest at 12% and they can't find the money to loan.
I think they are waiting for the FED to pay them 10% to borrow the money to loan :idea:

Any Bankers have any ideas what is going on?

Author:	vtdog [ Wed Dec 17, 2008 7:33 pm ]
Post subject:	It Begins
http://money.cnn.com/2008/12/17/autos/c ... 2008121717

Author:	Joe Romas [ Wed Dec 17, 2008 9:26 pm ]
Post subject:
Also mentioned on the evening news is that Ford that normally shuts down or two weeks is extending it to three weeks this year

Author:	warp2diesel [ Wed Dec 17, 2008 10:54 pm ]
Post subject:	What $#ck$ is that the Federal Reserve..
..has lowered the rate the banks pay to 0.25% to 0.00% and they can legally leverage that money 10:1. The crook who ripped off a bunch of the wealthy leveraged his money 30:1 and Fannie Mae/Freddie Mac leveraged their money 40:1. Borrow the money for 0.25% and leverage it 10:1, what a scam. Put it this way borrow $10.00 pay $0.25 a year in interest to the FED and loan $100.00 and collect $12.00 in interest at 12% and they can't find the money to loan. I think they are waiting for the FED to pay them 10% to borrow the money to loan Any Bankers have any ideas what is going on?

Author:	Uffe [ Thu Dec 18, 2008 5:27 am ]
Post subject:	Re: What $#ck$ is that the Federal Reserve..
warp2diesel wrote: ..has lowered the rate the banks pay to 0.25% to 0.00% and they can legally leverage that money 10:1. The crook who ripped off a bunch of the wealthy leveraged his money 30:1 and Fannie Mae/Freddie Mac leveraged their money 40:1. Borrow the money for 0.25% and leverage it 10:1, what a scam. Put it this way borrow $10.00 pay $0.25 a year in interest to the FED and loan $100.00 and collect $12.00 in interest at 12% and they can't find the money to loan. I think they are waiting for the FED to pay them 10% to borrow the money to loan Any Bankers have any ideas what is going on? You just explained to me why banks are so full of money That put things in perspective. I now resent my bank.

LOST JEEPS http://www.lostjeeps.com/forum/phpBB3/

It Begins http://www.lostjeeps.com/forum/phpBB3/viewtopic.php?f=5&t=38332	Page 1 of 1

Page 1 of 1	All times are UTC - 5 hours [ DST ]
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group http://www.phpbb.com/