Young Turks: Report - Banks Horrible For Investors (& WikiLeaks Fight, Protests)

[CherylK]

Run time: 07:53 https://www.youtube.com/watch?v=DY_S2yWEDNI   Posted on YouTube: March 09, 2011 By YouTube Member: TheYoungTurks Views on YouTube: 11059   Posted on DU: March 12, 2011 By DU Member: CherylK Views on DU: 279

 
Cenk Uygur discusses a report by Boston Consulting Group showing that while bank executives have made incredible amounts of money, the industry has offered very little return to investors over the last 5 years (and even that little return was boosted by the taxpayer bailout after the financial collapse). He also explains how the Justice Department advised Bank Of America on how to fight against WikiLeaks. Finally, he adds that bank protests are spreading.