Comments by "Charles Brightman" (@charlesbrightman4237) on "Why banks may be on the verge of collapse...and we could go into a deep recession: Former FDIC Chair" video.

  1. Consider the following: Even if the Fed gives banks lower interest rates, the banks still charge high charge card and loan fees, as well as giving only fractions of a penny per dollar in interest for saving's accounts. Plus banks charge fees for whatever else they can charge fees for. Now, either: a. The banks are greedy, and/or b. The banks are in financial trouble and are doing what they can to stay afloat.
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