Banks Stand to Make $18 Billion in Paycheck Protection Program Processing Fees From CARES Act

The crooked middleman banker slop factor is beyond insane. But when plantation owners can just hold down the zero key on a computer to create trillions of dollars out of nothing…
*meh*


Via: The Intercept:

Banks will make out with $18 billion in fees for processing small business Paycheck Protection Program relief loans during the pandemic, according to calculations by Amanda Fischer, policy director at the Washington Center for Equitable Growth, a progressive economic think tank.