Quote:
Originally Posted by Unregistered
but, you must understand, the other professions provide an actual service.
you guys take people's money, give them 0.01% interest, loan it out to them again at 5%-15% interest and pocket the gains.
that's why the common people dislike you.
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I'm not a banker. Many type of banking, retail banking is one of the good type of services that lubricate the economy and help to improve the quality of life indirectly. As banking industry becomes sophisticated, they started to have dubious practices such as derivative trading and creation of CDOs. Integrity of some banks and bankers are in doubt. Personally, I blame the regulatory bodies.