Money In The Bank

Less than ten years ago it was a good bet to put your money in the bank. Not on deposit, stupid, but in owning the bank by being a shareholder. OK, there were a few that bit the dust – think Slater Walker, Barings and BCCI, none of which were proper banks, but the real banks paid great dividends and, although they no longer did it literally, printed money for their shareholders. Then it all went horribly wrong. Continue reading Money In The Bank