Wednesday, February 18, 2009

CANUCK BANKING SENSE

Barack Obama is on my television right now, live from Phoenix, Arizona, giving a speech: He wants to spend $75 billion to prevent up to 9 million Americans from losing their homes.

Mr. Obama is in Ottawa, Canada tomorrow...
http://www.thestar.com/business/article/589123

This piece of trivia is stated in the linked article. It is interesting if not sobering...

"Canada's Big Five banks made a combined profit of $8.2 billion (U.S.) last year, while the top five U.S. banks lost a total of $8.3 billion."

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