Banks and Banking Industry discussion, review, analysis, news and information

Hi there,

Like the look of Within the Vault - hope you guys carry on. Now I might be biased, but if we're going to start discussing bankers you might want to read this first:
http://www.investmentinternational.com/20things/offshore_banking.htm

Cheers,
Andy

I Totally Agree with your view. Banking and government organisations are the main thresholds to the prosperity of any nation. Plus a lot of healthy decision making.

Thomas Jefferson was a debtor, and the entire quote was: "I believe that banking institutions are more dangerous to our liberties than standing armies . If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks], will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
If you ask me, his opinions were valid for his time, today things have changed and banks are an essential part of everyday life.

Do you think that banks – even big rich ones – are safe as houses? Don’t. The list of the ones that have gone belly up is long.

This quote 'I believe that banking institutions are more dangerous to our liberties than standing armies' by Thomas Jefferson is used in a very good documentary movie called Zeitgeist - The Spirit of Time. You should check it out on youtube. It's very nice.