The share price of Equifax (U.S.) faltered, along with
the entire banking industry, as it often serves as a proxy of sorts for that sector.
CEO Jean - Laurent Bonnafé observed that in a challenging environment for
the entire banking industry, BNP Paribas succeeded in maintaining its client franchise, profitability and strong risk - management culture, while adapting the organization to changing market conditions and regulation.
In this day and age, trust is becoming more and more of a consideration as FDIC insurance does not have enough wherewithal to backstop
the entire banking industry without destroying the dollar and Everbank's product offerings of precious metals and alternative currencies reflects this most critical understanding of the systemic banking risk we face.
Freddie Mac and Fannie Mae are as corrupt as
the entire banking industry.