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Why some banks are profiting in the recession

July 20, 2009 – 9:42 am – No Comment
Why some banks are profiting in the recession

Some of the country’s largest banks are posting unexpected and large profits. Why is it when the consumers of the nation are hurting that some banks are doing so well? After all, on Thursday JPMorgan announced a $2.7 billion second quarter profit, Goldman Sachs — …