Seems like a real design flaw to have such an obvious pinch point in the flow of oil and gas. Whoever designed the Strait of Hormuz really screwed up.
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🎂< \ but what does it mean for FinReg?
As the private credit thing happens, it’s also important to remember that the point of post GFC framework was not to prevent people from losing money or sectors imploding.
The point was to make sure when these things happen that they don’t take the system with it
This is a spectacular waste of time and energy
True story
Sorry about setting off a global energy crisis guys here’s a fresh tariff. 🤡
The Irish rugby autumn internationals looking pretty spicy
What about putting the cracker barrel logo on U.K. money, is that anything?
Aside from that, she nailed it!
This proposal is about whether the Fed can force banks to cut ties with clients based on perceived reputational risk as a supervision mechanism, not whether banks can prevent customers from effecting legally permissible transactions.
It's also a codification of guidance that's already in practice.
Actually, this on a banknote
The skeet is a result of me having spent time on LinkedIn this week
I started really going to conferences after the GFC. So, for a while they were pretty austere things (relatively speaking). Obviously that changed as time wore on but, man, since the pandemic the hand break has really come off. Like, even dopey post trade and Ops conferences are absurd these days
It’s worth remembering that stuff like this is a feature not a bug of how these funds work and that’s good
When it comes down to it, I reckon Guinness Zero is a more fundamentally transformative technology than AI.
Canary Wharf building sale being a waring sign would be a be heavy handed, no?
The US should be more concerned about EU’s commitment, tbh
There’s a way to achieve this that would eliminate the need for an MoU, btw
I’d feel better about this if it wasn’t basically exclusively being done to ram crypto rules through
Really brave analysis
majestic
This is why Brexit happened
Same reason not to name things after people anymore
Congress is doing something, it’s supporting the administration’s actions.
If I was the Strait of Hormuz I would simply be open
Yeah, I don’t know. Guess it doesn’t have to be a drone. Car bombs are still remarkably effective
I really can’t fathom how terrible things will get if Iran pulls of a major drone attack on US soil.