Tuesday, October 25, 2011

Maybe It's Just a Slow Day For Bakken News -- And That's Why I Post This ...

.. but it's actually a very good article explaining why banks don't want your money.

It's really quite interesting.
Bankers have an odd-sounding problem these days: they are awash in cash.
Droves of consumers and businesses unnerved by the lurching markets have been taking their money out of risky investments and socking it away in bank accounts, where it does little to stimulate the economy.
And it costs banks to insure that money, a cost they don't like to incur.

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