TheRealMafoo on 05 July 2009
NJ5 said:
Not when that jeopardizes their long term profits. Publically owned banks have the duty to protect their shareholders' value, which clearly didn't happen if you look at the current valuations of these banks.
|
Then that bank goes out of business due to being poorly run, and all the shareholders lose there money for letting it happen.
I don't see where the problem is.
