Goldman Sachs returns to Detroit, opens bank's 2nd-largest Midwest wealth office

[Richard]

Yea all this time y’all be acting like you be broke,the cats out of the bag now,I am going to buy some of those vacant lots just to dig them up in order to find all of those mason jars that have been buried through the years because there is so much cash going around.

Pretty slick strategy,claiming your broke while telling everybody else they need to share the wealth,ya got to give it up now.

None of this checks in the mail stuff,if you are going to spend the wealth equally,they have fancy technology where you can transfer funds with the click of a button.

JP Morgan = $2.6 Trillion
Goldman Sachs = $933 billion
BOA - Bank of American = $564 billion

Citi corp = $1.9 Trillion
Deutsche = $1.77 Trillion
UBS = $958 billion

The rest are just chump change,comparatively,but interesting enough BOA makes more profit than Goldman Sachs.

When you think about it,the founders of all of those groups all started out dirt poor and some living in slums and look what they parlayed into.

BOA was Bank of Italy in California,little small local bank,when the fires devastated the city,the owner of BOI pulled his horse and buggy up to a street corner and started loaning out cash out of a metal box,so people could rebuild their lost homes.

That started the home loan business.

What is even more interesting,ask the employees of BOA and I have never met one that knew the history of the bank they are working for.