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Johnnyiwantsome

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Johnnyiwantsome

Re: ron_66271 post# 506035

Saturday, 01/27/2018 2:55:58 PM

Saturday, January 27, 2018 2:55:58 PM

Post# of 730202
Because The Frank Dodd act with respect to unwinding Hold Co's due to the complexity of bank Holding Companies and their Subs allows for the Fdi-r to address the Hold co's with new power. They screwed the pooch with respect to WMI and got in over their heads due to the existing laws in 2008. So they went back to address the Hold co issues and subs in the new laws.
Regards,
b
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