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Goodtimes93

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Goodtimes93

Re: HMONNY post# 19343

Thursday, 11/10/2016 9:18:26 AM

Thursday, November 10, 2016 9:18:26 AM

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You wouldn't believe how much banks would increase investment if Dodd/frank were to be removed. The legal reserve funds alone for banks in the USA are over $500b. Annual compliance direct expenses are approx $50b for the same. This doesn't include normal reserves in T1 capital which is also exceptionally expensive which is another topic.

Remember my prediction of $35 for 2017 EOY.
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