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Did the regulators say no to Braid specifically? Felt more like the regulators were putting pressure on the sponsor bank to get out of risky businesses in gener
by twic 3y ago
Did the regulators say no to Braid specifically? Felt more like the regulators were putting pressure on the sponsor bank to get out of risky businesses in general.
- inmygarage 3y agoAuthor here, yes this is what happened. It wasn't related to our model specifically but rather to the bank's entire portfolio.