How to make record profits as a bank - the 5 step plan

1. Grow like crazy by making loans

2. Progressively increase interest rates on loans whilst selling them to people with little education or money at knock down initial rates. Example 2 years at 3% next 28 years at 5.5%

3.  Use extreme leverage - i.e borrow as much as you can

4. Keep minimal loan loss reserves

5. Sell your loans to government agencies and/or third parties with minimal recourse

Do these 5 things as a banking executive and you will be paid 100s of times the average salary.

After 4 years leave your bank and do this at another bank. After 12-15 years retire or move into government as the losses from the banks mount you can now have total control again as people look to you to solve the problems created by this plan.

If a regulator ever reads this maybe they could stop it? But then they wouldn't get a job with a bank and earn more money.....