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And capital requirements are done with the specific purpose of maintaining capital strength of banks. Didn’t really stop Lehmann from doing “balance sheet optim
by jevgeni 6y ago
And capital requirements are done with the specific purpose of maintaining capital strength of banks. Didn’t really stop Lehmann from doing “balance sheet optimization” intra-month.
Just like if market makers say the only thing they do is flow, doesn’t really mean it’s the only thing they do.