The Federal Reserve is finally admitting that not all the big banks are healthy: Bank of America won’t get to pay increased dividends. But none of those financial giants should be allowed to, and a logical look at the reasons they say they want to dole out the cash makes it totally clear why.
Continue reading What’s Really Wrong With Letting Big Banks Pay Bigger Dividends
What’s Really Wrong With Letting Big Banks Pay Bigger Dividends originally appeared on DailyFinance on Wed, 23 Mar 2011 14:30:00.
Filed Under: Company News, Columns, Economy, Investing, JP Morgan Chase, Bank of America, Credit