A headstone for Chubby of "Our Gang" is front page news in The Sun while a $2 billion bank loss only makes page 16 ("Morgan's $2 billion loss stuns Wall Street," May 11).
Banks return about two tenths of 1 percent in interest on deposits, while charging 4 percent to 8 percent interest on money they lend. Instead of encouraging deposits with higher interest rates, they put the difference into a gambling pool and wager on things like credit default swaps.
