“Royal Bank of Canada reported profit of $1.18-billion in its third quarter of 2006, a 20 per cent increase from $979-million in the same quarter a year earlier.”
The Royal is my bank so, speaking as a mogul, I guess I should be happy that my vast fortune sits in a sound institution. But PROFIT of over one billion dollar$ for a quarter is obscene, right? They’re not even in the oil business!
This irritates my inner socialist.
2 comments:
Our banks are much the same and they charge outrageous fees for every little thing - I ditched them ages ago and use a credit union now. (I hope that doesn't come across as too self-righteous.....)
The credit union is big here in Quebec, too, but I don't know about the rest of the country. I've been investigating it.
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