Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs.
Sentiment: NEGATIVE
Banks are there to support businesses that have justifiable needs.
The fundamental problem with banks is what it's always been: they're in the business of banking, and banking, whether plain vanilla or incredibly sophisticated, is inherently risky.
People with banking experience haven't all flocked to the biggest banks; community banks and regional banks, along with smaller trading houses and credit unions, have some very talented people.
People in retail banks are not smart. They have a business model that's quite difficult to not make money out of - but still they somehow manage it.
I hate banks. They do nothing positive for anybody except take care of themselves. They're first in with their fees and first out when there's trouble.
I like banks because they keep my money safe, but I don't want to talk about banks 12 times a year.
Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally.
I avoid banks and I've never been in any sort of corporate environment at all.
I have nothing against investment banking, but it's like massaging money rather than creating money.
I'm all in favor of banks that play their part in community endeavors, private individuals looking for loans, people who want to start up a little business, and that's what banks are for.