If you keep doing what you’ve always done, you’ll keep getting what you’ve always got … fuck this shit.. we had great banking and investment regulations up to Reagan’s era
Reposted from
Prem Sikka
Bank of England to further relax rules for banks and insurers.
Most of the post-2008 crash reforms reversed.
Insurers won't need regulatory approval for high risk investment.
Bank risk reporting reduced.
Bank/Insurers capital requirements reduced.
Who will pay when it crashes?
archive.ph/8uBUs
Most of the post-2008 crash reforms reversed.
Insurers won't need regulatory approval for high risk investment.
Bank risk reporting reduced.
Bank/Insurers capital requirements reduced.
Who will pay when it crashes?
archive.ph/8uBUs
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