I always appreciate your writing and editorial in your thoughts on banking and bank regulation. What do you make of what is going on . Thank you, its so good to be with you. If you are a bank, you depend on a government charter. If they come after you, practically speaking, you cannot write them. So its the same kind of thing that happened and the government is now on a roll. In forcing banks to make ridiculously high settlements and if these were real problems, private parties that were supposed to be victims would be suing and winning in court. But you can see that its only because of government having the power of the gun, that they are able to get this done. I love you brought that up. When you think about it, the watchdogs did not bark in the runup to the crisis. But they had all of the regulatory powers all the way back to 1991. They have gone after the bad guys on wall street. This seems like enforcement theater that the general public is ignoring. So william douglas, he basical
I always appreciate your writing and editorial in your thoughts on banking and bank regulation. What do you make of what is going on . Thank you, its so good to be with you. If you are a bank, you depend on a government charter. If they come after you, practically speaking, you cannot write them. So its the same kind of thing that happened and the government is now on a roll. In forcing banks to make ridiculously high settlements and if these were real problems, private parties that were supposed to be victims would be suing and winning in court. But you can see that its only because of government having the power of the gun, that they are able to get this done. I love you brought that up. When you think about it, the watchdogs did not bark in the runup to the crisis. But they had all of the regulatory powers all the way back to 1991. They have gone after the bad guys on wall street. This seems like enforcement theater that the general public is ignoring. So william douglas, he basical
Israel canceled the fourth round of palestinian prisoner releases and the east peace talks with the palestinians look like they can break down as you. He built a strong lead in delegates one leading cooperation agreements with russia like boosting its presence in Eastern Europe and says moscows claims are surprising given that there are indications of ukraines Crimean Peninsula violates every Principal International commitment to russia as a permitted to do she and useful for us ms added that the crimes accusations are just another piece of russian propaganda and disinformation that we use Nato Alliance and this week to discuss possible responses to russias recent military assessments including sending more troops or equipment all the drills for human use military clients. Meanwhile over seven hundred troops from eleven countries including the us and ukraine took part in military drills in bulgaria the u s has also set the second naval destroyer to ukraines likes the peninsula as a ges
Average home prices in Massachusetts are headed through the roof, costing countless working families the chance to stay in the town they love. But on Saturday, two ecstatic families celebrated their …
The Westport Fire Department has been awarded more than $8,000 in grants to help elderly and disabled citizens, as well as educate the town’s youth on fire safety. The grants, including …