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comment by kleinbl00

    I wonder how much they are sweating this.

Gonna make the hairs on the back of your neck stand up - the other side of the table is Larry Fucking Kudlow and Steve Fucking Mnuchin.

uhsguy  ·  324 days ago  ·  link  ·  

You have to imagine that the order has come out that nobody big can be allowed to fail before the election but that’s over a year always and trying to prevent liquidation is going to dry up liquidity. The fed probably has mechanisms in place to do stealth bailouts but banks don’t magically become good just because they got bailed out.

kleinbl00  ·  324 days ago  ·  link  ·  

There was a lot of strong-arming and sleight-of-hand in 2008. I'm not confident that the current crew has the backing and relationships to pull that shit off this time.

I don't know what this is going to look like and I'm a little terrified that it's not really being talked about much.