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Another consequence of political lobbying against Dodd-Frank, ironically by Frank himself (who was on the board of Signature bank)? https://slate.com/news-and-
by cpncrunch 4y ago
Another consequence of political lobbying against Dodd-Frank, ironically by Frank himself (who was on the board of Signature bank)?
https://slate.com/news-and-politics/2018/05/barney-frank-was-getting-paid-by-signature-bank-when-he-said-it-was-ok-to-deregulate-banks.html https://slate.com/news-and-politics/2018/05/barney-frank-was...
- otterley 4y agoDodd-Frank has nothing to do with why these banks have failed.
- cpncrunch 4y agoThere seems to be a difference in opinion on this point. https://news.ycombinator.com/item?id=35116402 https://news.ycombinator.com/item?id=35116402
- otterley 4y agoYour link does not substantiate your claim; there's nothing in there that draws a causal link between the passage of Dodd-Frank and the failure of SVB. If you can point to a cogent argument from a reputable financial or legal analyst in a newspaper, magazine, or trusted source other than some chat board, that would be helpful.
- cpncrunch 4y agoCheck my comment. I never made any claim. I asked a question. I cant find any sources, but it is a very simple technical question and im surprised that it seems so difficult to answer.