Currents of Currency Message Board

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Strategies & Market Trends : Currents of Currency

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From: The Wharf	7/25/2012 11:41:03 AM
	of 594

From the CNBC transcript (sic): Sandy Weill “ I think what we should probably do is go and split up investment banking from banking, have banks be deposit takers, have banks maybe commerce loans and real estate loans, have banks do something that’s not going to risk the taxpayer dollars, that’s not going to be too big to fail. if they want to hedge what they’re doing in their investments, let them do it in a way that it can be mark to market so they’re not going to be hit. From Mother Superior Bless you my son. I agree completely however you have to have the FED treasure our currency. The only way they can do that is by means of a inventory count, And you can have notes of assorted banks but they still must be converted into currency unit called dollar before they can be used in the retail market place..

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