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cmu played the race card yesterday, hysterical!
“pickup of ‘alien looking’ people (viz Arabs, Indians) who’re detained for months and sometimes die in custody, trigger-happy police…none of your damn guns would help if the FBI came knocking.
But then, you probably never have to worry about this, do you?pickup of ‘alien looking’ people (viz Arabs, Indians) who’re detained for months and sometimes die in custody, trigger-happy police…none of your damn guns would help if the FBI came knocking.
But then, you probably never have to worry about this, do you?”
pete, no I wasn’t too busy counting my money yesterday, I was in the South Bronx changing out some German gearboxes to American ones. I did count my money when I got home, and even read the whole OT. I’m hoping to count my money again with the job figures. Unfortunately in LI today so can’t make lunch. Sorry.
“set up arms-length corporate structures internally, such that the prop traders could work in a majority owned company that is separate from the holding company but still controlled by the bank?”
Just checked. This would be banned by the original Volcker rule but allowed by the version that passed the conference committee.
DIBS the prohibition hits entities that, directly or indirectly, either benefit from deposit funding or are expected to serve as a source of strength for FDIC insured institutions.
OK I have meetings b/w now and lunch. Cobble, sorry you can’t make it. Hope others still can.
cmu played the race card yesterday, hysterical!
“pickup of ‘alien looking’ people (viz Arabs, Indians) who’re detained for months and sometimes die in custody, trigger-happy police…none of your damn guns would help if the FBI came knocking.
But then, you probably never have to worry about this, do you?pickup of ‘alien looking’ people (viz Arabs, Indians) who’re detained for months and sometimes die in custody, trigger-happy police…none of your damn guns would help if the FBI came knocking.
But then, you probably never have to worry about this, do you?”
pete, no I wasn’t too busy counting my money yesterday, I was in the South Bronx changing out some German gearboxes to American ones. I did count my money when I got home, and even read the whole OT. I’m hoping to count my money again with the job figures. Unfortunately in LI today so can’t make lunch. Sorry.
“set up arms-length corporate structures internally, such that the prop traders could work in a majority owned company that is separate from the holding company but still controlled by the bank?”
Just checked. This would be banned by the original Volcker rule but allowed by the version that passed the conference committee.
do you even have clue what they are bickering about? it’s like watching two autistic kids in a slap fight.
*rob*
It’s not bickering, Cobble.
Please keep bickering while I go take care of a few things. I’m looking forward to reading this later! : P
btw, Spencer Bachus is an awesome name (even if he is missing a c). He must throw the best parties.
Like I said, the depository institution business is separate from the area doing derivatives trading.
You need to understand this distinction lest I just reort to calling you a name.
Also, please don’t bother me for the next 8 minutes or so as the market opens. Thank you for your attention to this matter.
DIBS the prohibition hits entities that, directly or indirectly, either benefit from deposit funding or are expected to serve as a source of strength for FDIC insured institutions.
OK I have meetings b/w now and lunch. Cobble, sorry you can’t make it. Hope others still can.