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by anon1199022
982 days ago
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Net income can be volatile, just like the stock market? They can never go out of business with direct money printer support. They have very minimal risk compared to even lower banks. That privilege applies to very few at top. Whether people realize it or not. After Lehman, things changed. Apple makes their profit with actually creating products and innovation. GS no. read here
https://en.wikipedia.org/wiki/Systemically_important_financi... |
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I read that to mean they can decide the revenue/profit, but now I think you meant that they have a certain minimum amount of revenue/profit due to government subsidy, which is probably true.