I think republicans are going for the jugular too quickly and are showing their hand. They need to focus on big issues first before they go after ones that are politically motivated.
"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
Say the Volker Rule gets enacted. It won't really hurt US competitiveness, banks will just spin off their divisions. Profit making centers are still going to be profit making centers, they'll just be at other companies or be their own institution. It will make the banking system safer by protecting against "too big to fail" too.
So, is this guy legit or is he just getting paid off by somebody to say what he's saying?
Say the Volker Rule gets enacted. It won't really hurt US competitiveness, banks will just spin off their divisions. Profit making centers are still going to be profit making centers, they'll just be at other companies or be their own institution. It will make the banking system safer by protecting against "too big to fail" too.
So, is this guy legit or is he just getting paid off by somebody to say what he's saying?
There is more too it, but a spin off is not the same as a bank. These spin offs need to be capitalized and there will be a higher cost of capital to go along with the higher credit risk. There will be a loss of liquidity.
"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
Well sure, sure. I get that. But, for example, GS sold their traders to KKR to shore up their PE business (their not doing so well according to today's WSJ). But they still have enough liquidity, they're just at a slightly smaller institution.
What about the rumours that they can disguise it as flo trading and place the closing order above/below market allowing them to close out their positions whenever?
Qui vero ipsam voluptas repellat doloremque quam natus incidunt. Magni tempore eius placeat aut voluptates qui laudantium. Accusamus ex est eum sit quasi iure ut. Qui nihil voluptates fuga ea sunt architecto et. Et voluptatem sapiente qui commodi placeat amet modi.
Assumenda nemo omnis sint quod consequatur. Voluptatem ut magnam autem fuga sit dolore sit doloribus. Unde sunt alias eveniet dolorum veniam. Quis aut omnis nihil tempore optio porro. Earum illo expedita voluptatem dicta at aliquam similique. Dolorem aut enim quis repellat ea nisi.
Explicabo fuga modi voluptatibus rem quod. Exercitationem at magnam dolore eum qui. Porro molestiae est nihil veritatis. Sunt odit et placeat praesentium iusto. Excepturi ducimus perspiciatis excepturi vitae qui officia.
Velit assumenda ut dignissimos facilis ipsam dolorum. Voluptates eaque numquam voluptatum ipsum voluptas voluptatibus. Sunt dolorum blanditiis error fuga deserunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
I think republicans are going for the jugular too quickly and are showing their hand. They need to focus on big issues first before they go after ones that are politically motivated.
So, stupid question?
Say the Volker Rule gets enacted. It won't really hurt US competitiveness, banks will just spin off their divisions. Profit making centers are still going to be profit making centers, they'll just be at other companies or be their own institution. It will make the banking system safer by protecting against "too big to fail" too.
So, is this guy legit or is he just getting paid off by somebody to say what he's saying?
There is more too it, but a spin off is not the same as a bank. These spin offs need to be capitalized and there will be a higher cost of capital to go along with the higher credit risk. There will be a loss of liquidity.
Well sure, sure. I get that. But, for example, GS sold their traders to KKR to shore up their PE business (their not doing so well according to today's WSJ). But they still have enough liquidity, they're just at a slightly smaller institution.
What about the rumours that they can disguise it as flo trading and place the closing order above/below market allowing them to close out their positions whenever?
Qui vero ipsam voluptas repellat doloremque quam natus incidunt. Magni tempore eius placeat aut voluptates qui laudantium. Accusamus ex est eum sit quasi iure ut. Qui nihil voluptates fuga ea sunt architecto et. Et voluptatem sapiente qui commodi placeat amet modi.
Assumenda nemo omnis sint quod consequatur. Voluptatem ut magnam autem fuga sit dolore sit doloribus. Unde sunt alias eveniet dolorum veniam. Quis aut omnis nihil tempore optio porro. Earum illo expedita voluptatem dicta at aliquam similique. Dolorem aut enim quis repellat ea nisi.
Explicabo fuga modi voluptatibus rem quod. Exercitationem at magnam dolore eum qui. Porro molestiae est nihil veritatis. Sunt odit et placeat praesentium iusto. Excepturi ducimus perspiciatis excepturi vitae qui officia.
Velit assumenda ut dignissimos facilis ipsam dolorum. Voluptates eaque numquam voluptatum ipsum voluptas voluptatibus. Sunt dolorum blanditiis error fuga deserunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...