Bank Investors Expect Less as Losses Mount

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Can the bad news for banks get any worse? After the last week brought another round of woeful quarterly results...

Ok ok ok. We deliberately loaned all these people money for houses that we knew they couldn't pay back , because the government was backing those loans. Now we're gonna moan and groan and say how terrible things are for a while, and then the government will pony up the cash and we'll get paid anyways.

And the economy ? Who cares. We just look after ourselves, no one else. So we created a world wide recession ? Who gives a flying fart ? We get our money in the end. Thats all that counts.


Plunging home prices, particularly in Florida and California, have left 14 percent of the bank’s customers with zero or negative equity in their homes


The prices of the houses are plunging because they never should have been so high in the first place ! You people whine and complain but in the end you did this to yourself, and you're dragging the rest of the world along for the ride. You guys suck , did you know that ? You bankers suck worse than organized crime.

What you do should be a crime, actually.