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Restrictions breed creativity, eh? With the restrictions came huge increases in the stability and effectiveness of significant bank operations (e.g. clearing o
by oatsandsugar 9y ago
Restrictions breed creativity, eh?
With the restrictions came huge increases in the stability and effectiveness of significant bank operations (e.g. clearing of over the counter derivatives, derivative reporting and all that).
This shouldn't be surprising.
But, it is interesting to see whether the restrictions have bred the stability that they were designed too, or if banks are just shifting risks to new areas.