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> wasted 15 minutes I used to work in a securities firm owned by a bank holding company in a role requiring being registered as a securities principal (legally
by valenciarose 9y ago
> wasted 15 minutes
I used to work in a securities firm owned by a bank holding company in a role requiring being registered as a securities principal (legally responsible to supervise). It still took me several minutes to remember which regulations to look up.
Amazon doesn’t have a snowball’s chance in hell of working around these regulations with the current administration. Trump hates Bezos. With a moderate Republican in power, they might be able to lobby their way to creating the precise loophole they needed (which would require legislation).
- superioritycplx 9y agoTrump will "hate" Bezos until there's a favorable deal to make. It's all a strategy. It worked with NK, it'll work with AMZN.
- voxadam 9y agoDidn't Walmart try to buy itself some sort of bank back in 2006 or so? I have a vague recollection of the venture and it not going Walmart's way.
- dmoy 9y agoYup 2005: https://mobile.nytimes.com/2007/03/17/business/17bank.htm https://mobile.nytimes.com/2007/03/17/business/17bank.htm