Capital? We Don’t Need No Stinking Capital.
We loves us some State Street. Thumbing your nose at the Capitalatchiks and their bogus “stress tests” is the quickest way to get on our good side in this day an age. Of course, it won’t last....
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There is this recursive sort of double-take one does on learning that a firm is on the verge of exhausting its legal reserve. First, that the firm needed a large legal reserve. Second that it was...
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