OCC fights de-banking. Fed moves to climate.
The OCC in favor of Due Process banking, the Fed want monetary fiscal union. The Due Process bankers want connected into sandbox. Very few of the pros are really clued into the process.
This may be a first, a real bona fide bankers strike by the Due Process bankers. I would expect these rebel bankers to open virtual offices in tax havens where they can operate in sandbox.
We need name for monetary/fiscal Godotism. I suggest montefisco banking.
No comments:
Post a Comment