Saturday, March 5, 2016

Reduce Dormant Assets and Banks from Playing with Each Other

"Fed Proposes Rule Capping Business Among Banks" is a patch for an unwieldy operating system.  A simple rewrite would be for the Federal Reserve to require banks which control assets greater than 1% of the Gross Domestic Product to split into entities where they all control less. With less concentrations of dormant assets there is less for banker's to use to make derivative contracts.  

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