Th3 Core

Why We Are Here => Water Cooler => Topic started by: Brad on November 29, 2010, 02:34:22 PM

Title: Report: Banks to be less profitable
Post by: Brad on November 29, 2010, 02:34:22 PM
Accountancy: Rising Regulation to Cut Bank Profitability
http://www.accountancymagazine.com/croner/jsp/Editorial.do?channelId=-305535&contentId=1732340

To me this means the banks are not going to lend money any time soon. I expect very slow economic recovery for bricks n mortar.  Will that actually help online sales?

Added: Staying away from politics please.