Really what takes Calabria do long to get anything done? I think the plan must have been all along to build some capital on retained earnings before doing anything meaningful but they certainly slow walked the capital standards plan rollout. I really don’t see why that needs to be finalized before dealing with the PSPA’s however - though it’s also obvious the Treasury isn’t in a hurry to give up their $ and leverage. Hopeful but remain skeptical thus really gets done / but it’s been years so what another 6 months
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