Comments by "Marilena Ganea" (@marilenaganea6578) on "This former GOP senator once voted to roll back bank regulations. Hear what he thinks now" video.

Barney Frank the lobbyist? That one?
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@kahanakahuna1470 in the original 2010 Wall Street Reform and Consumer Protection Act any bank with more than 50 BN $ in assets was facing especially intensive federal supervision. In 2018 "tweak" the threshold was lifted to 250 BN $ and that had consequences. Some big banks (Signature, SVB) escaped the stress tests and enjoyed easier financial -safety requirements. Mr. Barney Frank was one of the beneficiaries as he made a lot more money being part of the board of directors of Signature (now defunct)
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@kahanakahuna1470 WOW... I would not believe him if he would tell me the sky is blue... I would stick my head out of the window to double check and triple check
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@kahanakahuna1470 if they would have been under federal supervision for the amount in assets of over 50 BN $ ... But you know, the limit was raised at 250 BN and they were left like kids in a candy shop
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@kahanakahuna1470 wait a second... Are you telling me that greedy capitalist bankers were "enticed" to buy the safest bonds on the market but didn't take into consideration that the interest rates may go up? I mean cry me a river! I mean where did I left the world's smallest violin? From my point of view if I would see all those investors homeless begging in San Francisco that would make my day ... That would make my year, my decade...
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Banks robbing the people for centuries, literally
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