For The First Time Ever, Wall Street Banks Top $100 Billion In Profit

“One may not know it by looking at banker bonuses last year, but 2018 was a banner year if only for bank shareholders and upper management: this is the year when the 6 biggest banks generated (well) over $100 billion in profit. They can thank Trump’s tax cuts, the Fed’s payment of interest on reserves, rising interest rates, a jump in dealmaking and a retail-banking boom (if not so much the “bad volatility” that resulted in a plunge in fixed income, currency and commodity trading fees).”

https://www.zerohedge.com/news/2019-01-16/first-time-ever-wall-street-banks-top-100-billion-profit

SEE:

Woe unto you that are rich! for you have received your consolation

 

“Woe to the Rich” – A Teaching by Jerry Robinson (Video)

 

Jesus and Paul talked much about money! Who turned over the money changers in the temple (His Father’s temple)?

 

Now listen, you rich people, weep and wail because of the misery that is coming on you. Your wealth has rotted, and moths have eaten your clothes. Your gold and silver are corroded. Their corrosion will testify against you and eat your flesh like fire. THE MORAL ISSUES OF MONEY

 

Love Not The World Nor The Things In The World–True Riches Podcast (Jerry Robinson)

 

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