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> No surprise here. Yes, these programs will help out small businesses. But, the rich need their cut first. Hopefully investigative journalists will be able to
by chosenbreed37 7y ago
> No surprise here. Yes, these programs will help out small businesses. But, the rich need their cut first.
Hopefully investigative journalists will be able to find the corruption/fraud in a few years.
I find this perspective interesting. Presumably the fees charged by the banks form part of their revenue and their profits. I would have thought that this funds the salaries and bonuses from the CEO to the janitor and everyone else in between. The bottom line is the people "getting their cut first" could potentially include many people commenting on this thread. Disclosure: I have worked for one or two banks directly or otherwise.
I'm not disputing that there may be corruption/fraud going on. But I see that as a separate issue.