On Monday, March 13, 2023 at 2:15:45 PM UTC-4, Bill wrote:
On Fri, 10 Mar 2023 18:17:04 -0500 (EST), justan <[email protected]> wrote:
That's right! Trump would have done better! Oh wait... you're just an
idiot.
https://www.forbes.com/sites/mayrarodriguezvalladares/2023/03/12/how-trumps-deregulation-sowed-the-seeds-for-silicon-valley-banks-demise/?sh=3b3ecd6a3432
By the way that is an op-ed from Mayra Rodriguez Valladares, not the opinion of Forbes…
Here is what Frank had to say;”Bloomberg on Sunday that if his original bill wasn’t passed, “we’d be seeing a lot more damage these days,” but he doesn’t necessarily blame Trump’s rollbacks for SVB’s fallout.
“I don’t think that had any effect,” Frank said. “I don’t think there was any laxity on the part of regulators in regulating the banks in that category, from $50 billion to $250 billion.”
or “Still, with SVB’s fallout, some of the Democrats who voted for the Trump-era rollbacks stand by their decision. Sen. Mark Warner of Virginia, for example, told ABC News on Sunday that the law “put in place an appropriate level of regulation on
midsized banks.”
Even CNN disagrees:
https://www.cnn.com/videos/business/2023/03/16/trump-2018-dodd-frank-rollback-svb-collapse-zw-orig.cnn-business‘
You fail...
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