Thursday, October 09, 2008

Hug Your [Canadian] Banker Day

Huggggggg!!!!

Here's why



Update: I just learned something interesting from a Canadian banker friend of mine:

  • In Canada banks are restricted to lending no more than 10 times their assets.
  • In Europe banks lend up to 20 times their assets.
  • In the United States banks lend up to 33 times their assets.

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