And They ( Banks ) Are Still Whining......

Add to the chart the "brutal" accounting standards surpressing every leeway in showing the "real" earnings power, the draconian bailout terms, etc & i can understand them........ ;-)

Nachdem man sich den folgenden Chart ansieht kann man schon verstehen das die Banken momentan bei dem kleinsten regulatorischen Eingriff das große Wehklagen einsetzt...Muß zudem an den mehr als strengen Bilanzierungsrichtlinien, die ja seit Ausbruch der Krise nochmals drakonisch "verschärft" worden sind, sowie wie den wirklich unfairen Bedingungen der Bailouts liegen .... ;-)

The bank problem in a single chart FT Alphaville

"In all honesty 12 months ago we felt that the banks would likely become more utility-like in their profitability and their earnings would oscillate around their longrun trend – a level they had reverted back to after all the write downs.

So the size of the surge in profitability in 2009 perhaps surprised us more than the ’shock’ writedowns did in 2008"

AMEN!

UPDATE:

Financial Services: From Servant to Lord of the Economy Jesse