- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Did anyone notice that Dodd Frank is about to be repealed?
Posted on 6/2/17 at 8:20 pm
Posted on 6/2/17 at 8:20 pm
The house is voting to repeal it next week.
17
Posted on 6/2/17 at 8:22 pm to Sentrius
More of Bathhouse Barry's legacy down the drain
Posted on 6/2/17 at 8:24 pm to Sentrius
Posted on 6/2/17 at 8:24 pm to Sentrius
I wish I knew more abt it to be excited or disappointed.
I know that DT Jr hates it.
I know that DT Jr hates it.
Posted on 6/2/17 at 8:30 pm to Sentrius
but what does this have to do with muh Russians?
Posted on 6/2/17 at 8:34 pm to 225bred
quote:
I wish I knew more abt it to be excited or disappointed.
Look at the two name sponsors. Corrupt assclowns who enabled Countrywide and Freddie and helped cause the financial meltdown.
Posted on 6/2/17 at 8:36 pm to Sentrius
Yes, and one of his first ex orders started this a while back.
Posted on 6/2/17 at 8:39 pm to Sentrius
quote:Any relation to Anne?
Dodd Frank
If anyone asks, she's in the attic
Posted on 6/2/17 at 8:42 pm to Sentrius
This I can support.
Posted on 6/2/17 at 8:45 pm to Sentrius
I don't know much about it. Wasn't it designed to prevent another huge financial meltdown? Is repealing it good then?
Posted on 6/2/17 at 8:47 pm to Sentrius
So it can head to the sackless Senate?
Posted on 6/2/17 at 8:50 pm to PetroBabich
quote:
Wasn't it designed to prevent another huge financial meltdown?
Yes and there's good parts to it, but there's lots of regulation just for the sake of regulation that is costly and does no one any good in it as well.
Posted on 6/2/17 at 8:51 pm to Sentrius
Ted Kennedy's eskimo bro and the fairy from Taxachusetts. What a pair.
Posted on 6/2/17 at 8:52 pm to Kafka
quote:Rat
If anyone asks, she's in the attic
Posted on 6/2/17 at 8:55 pm to Bestbank Tiger
The crash was caused by policies which required/encouraged lenders to loan money to people for social justice reasons in an amout which exceeded what they could afford.
Posted on 6/2/17 at 9:04 pm to Dick Jacket
quote:
The crash was caused by policies which required/encouraged lenders to loan money to people for social justice reasons in an amout which exceeded what they could afford.
Partly, but there was a lot more to it than that. Not properly rating bonds, CDS's, etc. people got houses they couldn't afford and the industry was complicit in that as well as the homebuyer (and gov), but therevwas a lot layered on top of that which greatly amplified the problem.
Posted on 6/2/17 at 9:30 pm to DavidTheGnome
As someone who worked for Bear Stearns packaging the mortgage securities, it couldn't come sooner. Very little of it addresses the issues which caused the implosion. Simply increased the "red tape" to lend and educate/disclose info to consumers. Everyone is still writing risky loans that are bound to default, they're just being more transparent now.
This post was edited on 6/2/17 at 9:32 pm
Posted on 6/2/17 at 9:51 pm to PetroBabich
quote:
I don't know much about it. Wasn't it designed to prevent another huge financial meltdown? Is repealing it good then?
It's puts extremely burdensome regulatory constraints on banks. So much so, that it is causing many of the smaller community banks to seek acquisition opportunities because they cannot compete/ make money due to the undue costs, red tape, and regulatory burden. That is why the number of community banks continue to shrink.
Posted on 6/2/17 at 9:53 pm to Sentrius
quote:
Did anyone notice that Dodd Frank is about to be repealed?
Classic DJT smoke screen - get them talking about handshakes and sneak something by them.
Posted on 6/2/17 at 10:38 pm to Sentrius
quote:
Did anyone notice that Dodd Frank is about to be repealed?
Wasn't Barney Frank humping some big shot that worked at Fannie Mae or Freddie Mac? Disregard my disparaging question, yes Dodd Frank needs to be shite canned.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News