"What if we told you that, by our calculations, the largest U.S. banks
I aren't really profitable at all? What if the billions of dollars they allegedly
"earn" for their shareholders were almost entirely a gift from U.S.
taxpayers?" Bloomberg reported
The money hasn't just gone to the banks shareholders It has also gone to line the pockets of bank management who are rewarded huge bonuses based on "profits" that came straight from U.S. taxpayers.