Sunday, November 12, 2017 8:52:59 AM
In his response, Mnuchin wrote that “any solution will be dependent upon the GSEs being capitalized properly and other such controls that eliminate risk to taxpayers.”
https://www.bloomberg.com/news/articles/2017-01-28/mnuchin-dims-banks-hopes-he-will-allow-a-prop-trading-revival
just saying, when gse jumpstart expires on jan 2, 2018; mnuchin is free to do this
until then, he needs congress/senate/legislation to pass something or a legal victory
neither of which is likely to happen
once gse jumpstart expires, mnuchin can implement moelis
https://www.bloomberg.com/news/articles/2017-01-28/mnuchin-dims-banks-hopes-he-will-allow-a-prop-trading-revival
just saying, when gse jumpstart expires on jan 2, 2018; mnuchin is free to do this
until then, he needs congress/senate/legislation to pass something or a legal victory
neither of which is likely to happen
once gse jumpstart expires, mnuchin can implement moelis
I am Glen Bradford.
Keep that in mind.
I am on an adventure and my response is to educate the board, to attract smart people, and I reply to all sorts of garbage posts as well as smart posts, but mostly garbage cause hey, it's fun.
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