1. Why Aren't the Banks Getting Loans Instead of Handouts?
... 's easy to mistake banks as falling into the same category, especially when they ding you for using outside ATM machines, monthly service fees, multiple fee fees, and etc. The list goes on. The truth of banking, however is that banks are not in business to service accounts. They are in business to ... Wonderful Life" during a run on the bank, Jimmy Stewart's character explains that he doesn't have the cash on hand to pay out all of the bank accounts of the account holders. Their money is spread into things like the loans on each other's houses and businesses. What Jimmy doesn't talk abo...
- Word Count: 578
- Approx Pages: 2
- Grade Level: High School