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Joined
Mar 6, 2003
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If you look at the balance sheet of most banks, they hold surprisingly little cash. Most of it is in loans, securities, etc. Any bank that holds a lot of cash is hurting its profitability.
If you look at the balance sheet of most banks, they hold surprisingly little cash. Most of it is in loans, securities, etc. Any bank that holds a lot of cash is hurting its profitability.