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Chrysalis · 07-03-2011, 20:42

nothing to do with satisfying need for blood.

As far as I am concerned they can make what profit they want as long as its not too risky and causing bailouts, because of this regulation is needed, if hsbc dont like it, its a case of tough deal with it. The rest of us have to deal with laws and regulations and work round it.

I think anyone should accept a drop in profits during recessions and in fact be thankful they even still making a profit, these guys need a reality check as for some people its much worse as losing jobs or going bankrupt.

One could argue why should spending be cut to increase profits for banking shareholders? Hurt the many to satisfy a few.

07-03-2011, 20:42	#43
Chrysalis cf.mega poster Join Date: Sep 2003 Posts: 12,047	Re: HSBC Move To Hong Kong 'Likely' nothing to do with satisfying need for blood. As far as I am concerned they can make what profit they want as long as its not too risky and causing bailouts, because of this regulation is needed, if hsbc dont like it, its a case of tough deal with it. The rest of us have to deal with laws and regulations and work round it. I think anyone should accept a drop in profits during recessions and in fact be thankful they even still making a profit, these guys need a reality check as for some people its much worse as losing jobs or going bankrupt. One could argue why should spending be cut to increase profits for banking shareholders? Hurt the many to satisfy a few.