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Old 12-28-2013, 11:46 AM   #1
xoxoxoBruce
The future is unwritten
 
Join Date: Oct 2002
Posts: 71,105
When Will Yao Jingyuan disappear?

Yao Jingyuan former Chinese statistics bureau spokesman said at a Saturday summit on China’s economy held at Nanjing University....

Quote:
“Banking in China has become like a highway toll system,” “Banks charge every time money goes through them.

"With this kind of operational model, banks will continue making money even if all the bank presidents go home to sleep and you replaced them by putting a small dog in their seats.”

Yao added that there were no longer any real bankers in China, and that most bankers had become “freeloaders” who latched onto the wide profit margin they could enjoy by taking advantage of interest differences between deposits and loans.
Where does China send people that embarrass the powers that be? Mongolia? Tibet? North Korea?

Or maybe The Party is using him to embarrass the bankers who have gotten too rich and powerful?
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