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big-yank

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big-yank

Re: CatBirdSeat post# 357356

Wednesday, 10/26/2016 11:26:01 AM

Wednesday, October 26, 2016 11:26:01 AM

Post# of 800624
I am not sure that "freaked out" is appropriate as a choice of words, but I suspect another issue may be at play in all of these histrionics. PWC is also the auditor of record for Bank of America. Could it be that some conflict of interest issue could be revealed in all this between the GSEs and TBTF banks that somehow got "smoothed out" with convenient accounting mechanisms tied to TARP and QE?

JMHO.
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