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Saving For a Space Ship

Wells Fargo Bank To Announce Record Profits

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Vid & article from C4 12pm news

Perhaps we need another series of 'The Wire' to cover the Baltimore bubble story

Six months ago they were close to collapse but after billions in government bailouts America's banks are now raking in bumper profits again.

Wells Fargo, one of America's 'big four', is expected to announce another record quarter.

But with 4 million Americans faced with repossession and unemployment surging to almost 10 per cent, there is a growing tide of anger with the banks.

Channel 4 News has been to Baltimore, which was once a property hotspot and has been hit hard by the housing crisis.

Edited by Saving For a Space Ship

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