Is ING rolling in it?

[archcommus]

They've paid out almost $2 billion in interest. :Q

 

[phaxmohdem]

Originally posted by: archcommus
They've paid out almost $2 billion in interest. :Q

...To me as protection money 😎

 

[archcommus]

Is $2B not very much?

 

[Zim Hosein]

I :heart: ING 🙂

 

[spidey07]

Originally posted by: archcommus
Is $2B not very much?

Not when their makin 6B on your money.

-edit- its probably way higher than that actually.

 

[RossMAN]

Originally posted by: Zim Hosein
I :heart: ING 🙂

so do I. Although EmigrantDirect may pay a little more I just prefer INGDirect.

 

[mwtgg]

Umm, they pay out 3.50% on their savings accounts, yet they lend it out at 6%+. Figure it out.

 

[suse920]

Originally posted by: RossMAN

Originally posted by: Zim Hosein
I :heart: ING 🙂

so do I. Although EmigrantDirect may pay a little more I just prefer INGDirect.

:thumbsup:

i concur

 

[spidey07]

Originally posted by: mwtgg
Umm, they pay out 3.50% on their savings accounts, yet they lend it out at 6%+. Figure it out.

hmm, you may be onto something here.

So...banks.....make....money.....off....of....your money?

hmmmm.

 

[DaWhim]

Originally posted by: spidey07

Originally posted by: mwtgg
Umm, they pay out 3.50% on their savings accounts, yet they lend it out at 6%+. Figure it out.

hmm, you may be onto something here.

So...banks.....make....money.....off....of....your money?

hmmmm.

you don't know how bank works? what do you think they do with your money?

 

[Zim Hosein]

Originally posted by: DaWhim

Originally posted by: spidey07

Originally posted by: mwtgg
Umm, they pay out 3.50% on their savings accounts, yet they lend it out at 6%+. Figure it out.

hmm, you may be onto something here.

So...banks.....make....money.....off....of....your money?

hmmmm.

you don't know how bank works? what do you think they do with your money?

Replace the battery in your sarcasm meter DaWhim! 😉

 

[natto fire]

Originally posted by: DaWhim

Originally posted by: spidey07

Originally posted by: mwtgg
Umm, they pay out 3.50% on their savings accounts, yet they lend it out at 6%+. Figure it out.

hmm, you may be onto something here.

So...banks.....make....money.....off....of....your money?

hmmmm.

you don't know how bank works? what do you think they do with your money?

Somebodys sarcasm detector is broken, or you were trying to reply with equal sarcasm? Anyhow, with the fees and reinvesting, yeah banks make their bankrolls from other peoples money. Glorified loan sharks, they are...

Edit: And Zim beat me to it 😛
Cheers, Zim! :beer:

 

[mwtgg]

Originally posted by: spidey07

Originally posted by: mwtgg
Umm, they pay out 3.50% on their savings accounts, yet they lend it out at 6%+. Figure it out.

hmm, you may be onto something here.

So...banks.....make....money.....off....of....your money?

hmmmm.

Seems a lot of people don't know that. 😉

 

[RossMAN]

Originally posted by: Zim Hosein

Originally posted by: DaWhim

Originally posted by: spidey07

Originally posted by: mwtgg
Umm, they pay out 3.50% on their savings accounts, yet they lend it out at 6%+. Figure it out.

hmm, you may be onto something here.

So...banks.....make....money.....off....of....your money?

hmmmm.

you don't know how bank works? what do you think they do with your money?

Replace the battery in your sarcasm meter DaWhim! 😉

:laugh:

 

[GeneValgene]

Originally posted by: Zim Hosein

Originally posted by: DaWhim

Originally posted by: spidey07

Originally posted by: mwtgg
Umm, they pay out 3.50% on their savings accounts, yet they lend it out at 6%+. Figure it out.

hmm, you may be onto something here.

So...banks.....make....money.....off....of....your money?

hmmmm.

you don't know how bank works? what do you think they do with your money?

Replace the battery in your sarcasm meter DaWhim! 😉

HAHAHA

 

[PHiuR]

Originally posted by: DaWhim

Originally posted by: spidey07

Originally posted by: mwtgg
Umm, they pay out 3.50% on their savings accounts, yet they lend it out at 6%+. Figure it out.

hmm, you may be onto something here.

So...banks.....make....money.....off....of....your money?

hmmmm.

you don't know how bank works? what do you think they do with your money?

don't they just lock it up in the BIG SAFE that they have in the back? ::scratches head::

 

[mwtgg]

Originally posted by: PHiuR

Originally posted by: DaWhim

Originally posted by: spidey07

Originally posted by: mwtgg
Umm, they pay out 3.50% on their savings accounts, yet they lend it out at 6%+. Figure it out.

hmm, you may be onto something here.

So...banks.....make....money.....off....of....your money?

hmmmm.

you don't know how bank works? what do you think they do with your money?

don't they just lock it up in the BIG SAFE that they have in the back? ::scratches head::

Ok, if this is sarcasm, my bad. Otherwise, banks have to keep a reserve (10% of transaction deposits) on hand.

 

[xanis]

Originally posted by: phaxmohdem
To me as protection money 😎

Because we all know that you belong to the ING Mafia... 😉