Duty has undoubtedly completed a full and proper investigation...

  1. Osi
    15,884 Posts.
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    Duty has undoubtedly completed a full and proper investigation to support his conclusion. Click onto the source and you'll find the articles is NOT from the PC MSM. So much for the research.

    Still, Duty does make a key and relevant point. The fact that is necessary for mega banks must seek exemptions from certain requirements does not bode well. That banks may not have the cash to pay their fines says everything about their cash positions

    Bank capitalization requirements and operational regulations are supposed to be there to protect depositors from a hugely scaled up version of the Lehman collapse. Trump and Jerome Powell don't support bank regulation. For the record (and Dub's benefit) I should note that the Russian banks are probably up to their ears in this as well.

    cheers
    Last edited by Osi: 17/01/18
 
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