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REPORT ABUSIVE REPLY
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Message Subject
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Mad World
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Poster Handle
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Seer777 |
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Post Content
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Exactly. It's way to move enormous amounts of money around. Remember that Saudi Prince that paid 350 million for a painting some years back? [ link to imgur.com (secure)] Lethal Weapon 2 explained another way they do it with banks.. [ link to youtu.be (secure)] If you haven't seen, or even if you have, I recommend giving The Big Short a view. Great movie about what happened in 2008 as a direct result of relaxing the rules on banks. Deregulation. https://imgur.com/Uzl2rro
In a statement following the bank's collapse, SEC Chairman Gary Gensler said: 'We will investigate and bring enforcement actions if we find violations of the federal securities laws.'
It is unclear when the probe began, but following the collapse of disgraced crypto exchange FTX in November, federal regulators have been pressuring banks and other financial institutions to pull back from crypto to head off potential risks to the financial system.
Former Rep. Barney Frank, who penned landmark legislation following the 2008 global recession to impose new regulations on the banking industry and who served on Signature Bank's board, has blamed the bank's failure on its dealings with cryptocurrency. [ link to www.dailymail.co.uk (secure)] https://imgur.com/a/gUHVLwz https://imgur.com/a/6PB8KlA https://imgur.com/a/KCJ1chC Nothing is enough for the man to whom enough is too little.~Epicurus
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