Ross: banks need to revert back to simple spread lending model

Billionaire investor Wilbur Ross weighs in on Citigroup shake-up and says banks will probably return to a simpler business model. Here is a direct link.

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One Response to Ross: banks need to revert back to simple spread lending model

  1. JW says:

    An excellent clip. No nonsense. Just common sense that everyone could understand. Most of us just need a SAFE place where we can deposit our cheques, pay bills and save a few bucks when we can. No one want to worry about systemic banking system risk very few years. Thanks for sharing. Langley, BC

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