Well, the implication is that the greedy banks have to have one eye in the rear view mirror before they do anything. Slows them down a bit even when there is nothing there. They don’t want to get burned again.
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Not in the least and it wasnt banks affected. It was hedge funds that were affected.
And the one bankrolling it, Point72, paid its owner $1.8 billion last year.
So I disagree. What you state really has no basis in reality.