too big to flail
boriquagato.substack.com
"see, it's not about picking preferred banks for political reasons, it's about politicians making arbitrary choices about meeting arbitrary criteria in order to treat certain banks and their depositors preferentially,"
said the treasury secretary.
"i hope this clears that up!"
and people wonder why there is so little confidence in regulator ability to manage a banking system…
Fun fact - Janet Yellen and Victoria Nuland both went to Brown. One prints the money, the other funnels it into the war machine.
I dare you to listen to Yellen for 1 minute and come back and tell us she is nothing but an ignorant idiot who spouts the talking points written for her. We are in real trouble folks.