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So Jet is a very risky bet. And partly backed by Norwest Venture Partners. Which is in turn owned by Wells Fargo. Who is apparently violating the spirit of the
by marcusgarvey 11y ago
So Jet is a very risky bet. And partly backed by Norwest Venture Partners. Which is in turn owned by Wells Fargo. Who is apparently violating the spirit of the Volcker Rule, if not the letter.
http://www.reuters.com/article/2013/02/21/us-wellsfargo-privateequity-idUSBRE91K06420130221 http://www.reuters.com/article/2013/02/21/us-wellsfargo-priv...
Remember this at the next bailout.
http://www.cheatsheet.com/business/stock-news/3-reasons-the-dodd-frank-act-doesnt-solve-too-big-to-fail.html/?a=viewall http://www.cheatsheet.com/business/stock-news/3-reasons-the-...