Problems at ICE show that the real purpose of clearinghouse reform was to remove a banks ability to force another bank into bankruptcy.
"It is ALWAYS Citi
(Trust me it was a common refrain when I worked there!)"
From a subscriber - and so true
Corruptible, but perhaps not sinkable. Are you surprised that those within the system didn't "fix" the system post GFC?
"It is ALWAYS Citi
(Trust me it was a common refrain when I worked there!)"
From a subscriber - and so true
Corruptible, but perhaps not sinkable. Are you surprised that those within the system didn't "fix" the system post GFC?