Banks limited to lending out and borrowing the amount of money they can pay back, they do it to us, why should they be different?
Managers who earn fat bonusses being held personally responsible if their decisions result in dragging a bank down, same as if I drag my business down the creditors come to me.
Paying a greater percentage of the money they earn as interest, after all if they earn less than expected they are quick to reduce the interest they pay us.
Banks should not be permitted to speculate, look what the sub-prime market did to us and we didn't even have any exposure.
On the subject of the Reserve Bank, I see Mboweni is being sued!
Did you like this article? Share it with your favourite social network.