2012-09-27 — seekingalpha.com
``This is just silly. If you deposit money at a bank, you're lending that money to the bank. Bank deposits count as liabilities on the bank's balance sheet: they're money that the bank owes to its depositors. And like all other debt, bank deposits are a contractual arrangement: the bank borrows your money -- and agrees to repay it -- on certain terms. Often, those terms include an effective call option: the depositor can ask for her money back at any time.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.