The four most profitable Banks on the Planet - NZ Herald

[nonrecourse]

I hope for Australia's sake that you're a rare breed reno. So much joy in touting your own greed and selfishness (and a little pinch of hubris).

I refer you to Anne Rand's 1957 Book Atlas Shrugged;

So you think that money is the root of all evil?... Have you ever asked what is the root of money? Money is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value. Money is not the tool of the moochers, who claim your product by tears, or the looters who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil?

Kind Regards
non recourse

 

[hawkeye]

Once more for the children & the moral crusaders YOU cant save the world . Take whatever your entitled to & be thankful you get something back . Now i know why NR refers to people as fiscal pygmies. .sheesh . You two OBVIOUSLY dont have enough money in the bank to worry about the guarantee.because anyone that has is thankful its in place . Who cares if they gamble with derivatives ? gamble on the money market? I dont care if they gamble on 2 flies walking up the wall all i care about is if they go belly up i get my money .

So what you're saying is that, if a private business loses your money, you expect to be able to extract that amount via tax from everyone else?

When did i mention a private business ? what has that got to do with anything. .Whats this candid camera ? punk'd ? when is ashton kutchen gonna pop up & surprise me ? :lol: you guys are on drugs .

We are talking govt guarantees for deposits. Banks are private businesses, are they not?

EDIT: well when I mean private I mean held owned by private people either through shares or non-traded. ie. not govt owned.