Just how do banks make money? Yahoo Finance Anchor Seana Smith and Former FDIC Chair Sheila Bair explain in this segment from March 13, 2023.
Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes
WATCH HERE:
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
#yahoofinance #youtubeshorts #shorts #finance #news #updates #banks
banks 🏦 are criminal as hell!
Banks are essential to their Economy!
The capitalists’, I mean
The total balance the FDIC fund is only enough to cover 3% of the total account holders
No way is good if the bank fail we pay 😡😡😡😡😡
They steal our money and risk it till they Profit or they lose and the Fed goes Brrr
If you say anything else you’re the problem
Shouldn’t the amount insured be higher due to the rampant inflation?
I don’t care about rich people’s money, so no. I’d rather let the house of cards crumble
your money is not safe in banks.
Unless you’re poor and have less than the 250k cutoff, or whatever it is
Lies …. They do NOT keep deposits … Not even a fraction. The. They DO Stoopid things with your money and fail… Then they ask the gubernint nicely for a bailout Wich is also made up out of your money… And get it from their little simp called gubernint
Sen well Fargo
HOW DO BANKS TURN A PROFIT? DURRR
notice how they turn the comments off on all the videos
They forgot to mention fdic only insures 1% of all deposits. Glaring omission.
Also, see “The Banking Ombudsman” 🤗
One of the worst frauds invented in human history.
LOL! They don’t have much money to cover your deposits, a fraction of the guaranteed amount should the truth be told. Get your currency out and into safer places folks, the party is about to end.