There are 2 sets of guidelines. One for them. One for us. And as George Carlin utilized to state, it’s a huge club, and you ain’t in it. However if you have sufficient cash and I think you can basically purchase anything that you desire and after that everyone else will simply need to handle the effects, do not we? So we have actually now had 5 essential banks fail.Who is going to be the next one.
CHAPTERS:
0:00 Introduction
1:31 SVB Lobbied Congress
4:27 United States Banks Increase Lobbying
5:55 Steering Inspectors Away
8:18 Important Bank Lobbying
13:00 Fed Looks For Stronger Bank Rules
14:44 Finish Up
SLIDES FROM VIDEO:
SOURCES:
https://www.usatoday.com/story/news/politics/2023/04/13/svb-lobbying-bank-regulations/11555491002/