Bank profitability

How do you educate the pea-brained uncle Wayne that when banks make a decent profit, you should not be screaming about daylight robbery?  For what the banks are worth, ie the market capitalisation, the nation should be glad that it is a profitable business.

Argentinian banks were not making nice profits in recent history.  And were therefore, not a safe nor stable vault to deposit your cash.  The citizens were queuing up to withdraw their savings.

And now in Cyprus, you have to pay a levy on your deposits.  Imagine, you pay because you saved!  Must be a bunch of lunatics running the nation!

So be glad, Australia, the four banks are not unprofitable...  Uncle Wayne, are you deaf and blind?