Author: UYA

Chinese community bank fights the US government [Copy link] 中文

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Post time 2017-10-12 20:33:02 |Display all floors
UYA Post time: 2017-10-10 06:09
"Impossible"?
NO!

Back then, yes, impossible.  Too big to fail also meant they had control of a lot of things which must not fail.
Unfortunately, the USofA placed a lot of faith in a small handful banks and CEOs.
I will give you an example as time permits.
Let the dice fly high

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Post time 2017-10-12 21:34:47 |Display all floors
cestmoi Post time: 2017-10-12 20:33
Back then, yes, impossible.  Too big to fail also meant they had control of a lot of things which  ...

Why do CEO's of the banking industry, who participated in fraud, need to be protected?
You don't think banking has anything to do with government policy?

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Medal of honor July's Best Writer 2012 June's Best Writer 2012

Post time 2017-10-14 15:25:19 |Display all floors
again....
US banking system runs government policy.

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