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I believe “banking” in this context isn’t “retail banking” (moving money around) but “investment banking”. It’s good to have some reasonable regulation of the f
by coredog64 8y ago
I believe “banking” in this context isn’t “retail banking” (moving money around) but “investment banking”. It’s good to have some reasonable regulation of the former, but it’s the latter that allegedly poses a threat to the economy at large.
FAANG is unlikely to sell CDOs around “likes and shares” ;)
- justizin 8y ago> FAANG is unlikely to sell CDOs around “likes and shares” ;) Let's revisit this in 10 years ;)