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12 members (gregnbc, Stacey, Exhoosier, dustymac, JD53, BrandonClark, odocoileus, Thread Killer, fish251, mcninja, Bglen, 1 invisible),
675
guests, and
0
robots. |
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Key:
Admin,
Global Mod,
Mod
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Joined: Aug 2001
Posts: 81,844 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,844 Likes: 513 |
oh dear. nothing to see here, this is fine... from Bloomberg. Donald Trump’s family is on the verge of having its very own bank. The president’s relatives and their business associates have won preliminary approval to start one, riding a wave that doesn’t come around often: It’s now easier than at any time in almost 20 years to get a national bank charter, thanks to the Trump administration’s deregulation push.
Read The Big Take: http://bloom.bg/4xlQavY
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Nov 2005
Posts: 8,189 Likes: 113
14 point
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14 point
Joined: Nov 2005
Posts: 8,189 Likes: 113 |
Membership has its privileges
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Joined: Nov 2011
Posts: 13,750 Likes: 257
Booner
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Booner
Joined: Nov 2011
Posts: 13,750 Likes: 257 |
Federal bank charters are not hard to get. Never have been. I know several guys that have put together groups and started private banks with federal charters over the years. Only two types of charters. Federal and state. Fed is only slightly harder to get than state due to additional regulatory requirements. This is one big nothing burger. But hey, it sounds like something bad for Trumps family so let’s repeat it for those not smart enough to know that it isn’t.
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3 members like this:
UncleHuck, cartervj, Young20 |
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Joined: Nov 2010
Posts: 25,782 Likes: 66
Freak of Nature
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Freak of Nature
Joined: Nov 2010
Posts: 25,782 Likes: 66 |
I’m guessing that it will be a big and beautiful bank.
Proud Army and ALNG veteran
God Bless America!
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Joined: Feb 2007
Posts: 26,559 Likes: 166
Freak of Nature
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Freak of Nature
Joined: Feb 2007
Posts: 26,559 Likes: 166 |
“Socialism only works in two places: Heaven where they don't need it and hell where they already have it.” ― Ronald Reagan
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Joined: Jan 2015
Posts: 1,529 Likes: 48
8 point
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8 point
Joined: Jan 2015
Posts: 1,529 Likes: 48 |
Are you implying that skinny, jmj, and a few others are being paid by foreign interests?
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Joined: Aug 2001
Posts: 81,844 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,844 Likes: 513 |
Are you implying that skinny, jmj, and a few others are being paid by foreign interests? I wish was being paid. Thats a Bloomberg article that I posted. Folks on Wall Street are getting pretty concerned about the nepotism in this administration. Its looking like the Bush and Biden way of doing things.
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Jul 2020
Posts: 912 Likes: 16
6 point
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6 point
Joined: Jul 2020
Posts: 912 Likes: 16 |
Skinny, you saying it’s the bush and Biden way made me laugh.
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Joined: Feb 2007
Posts: 26,559 Likes: 166
Freak of Nature
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Freak of Nature
Joined: Feb 2007
Posts: 26,559 Likes: 166 |
Are you implying that skinny, jmj, and a few others are being paid by foreign interests? Are you implying that skinny, jmj, and a few others are being paid by foreign interests? Influenced by Mini Me is definitely parroting
“Socialism only works in two places: Heaven where they don't need it and hell where they already have it.” ― Ronald Reagan
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Joined: Aug 2001
Posts: 81,844 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,844 Likes: 513 |
Skinny, you saying it’s the bush and Biden way made me laugh. How did George and Jeb get into the positions they got into? It wasn't due to merit and outstanding achievements.
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Sep 2012
Posts: 17,204 Likes: 23
Old Mossy Horns
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Old Mossy Horns
Joined: Sep 2012
Posts: 17,204 Likes: 23 |
I’m guessing that it will be a big and beautiful bank. Lmao.... 
Did you know that Beer Nutz are over a Dollar...and Deer Nutz are under a Buck...
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Joined: Mar 2015
Posts: 6,251 Likes: 30
12 point
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12 point
Joined: Mar 2015
Posts: 6,251 Likes: 30 |
Started my career out of college in banking. Folks can get a charter but harder to keep them. I was also a federal bank examiner back when banks were failing left and right. Not sure why anyone would want to start a bank given what I’ve seen over the years.
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Joined: Dec 2006
Posts: 18,268 Likes: 62
Old Mossy Horns
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Old Mossy Horns
Joined: Dec 2006
Posts: 18,268 Likes: 62 |
Skinny, you saying it’s the bush and Biden way made me laugh. How did George and Jeb get into the positions they got into? It wasn't due to merit and outstanding achievements. How does ANY damn politician get to be a rich millionaire being a public "servant". Let's include them all.
Nathan Carl Goff 19 Sept 2016 - 14 Jan 2017.
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Joined: Sep 2003
Posts: 13,667 Likes: 28
Booner
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Booner
Joined: Sep 2003
Posts: 13,667 Likes: 28 |
Are you implying that skinny, jmj, and a few others are being paid by foreign interests? I wish was being paid. Thats a Bloomberg article that I posted. Folks on Wall Street are getting pretty concerned about the nepotism in this administration. Its looking like the Bush and Biden way of doing things. Wall Street seems concerned? The markets have been setting all time highs since your boogeyman has been in office. Put down that pipe chief
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Joined: Aug 2001
Posts: 81,844 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,844 Likes: 513 |
Inflation always shows strongest in the markets first. This bank thing though looks like a nothing burger money flipping service for the family anyway. It might have been smarter to just to declare a family office private equity house, like a lot of the old money New York folks do.
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Nov 2005
Posts: 8,189 Likes: 113
14 point
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14 point
Joined: Nov 2005
Posts: 8,189 Likes: 113 |
We were talking about community banks the other day
Used to be a social occasion to go to the bank. Nowadays you seldom see a car in the parking lot
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Joined: Nov 2005
Posts: 8,189 Likes: 113
14 point
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14 point
Joined: Nov 2005
Posts: 8,189 Likes: 113 |
That’s the pot calling the kettle black Ol slobbering and spitting Dan The man who promised the Epstein files where there and bad….then tucked tail and ran back to his spit laden microphone and his sycophants like Carter
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Joined: Aug 2001
Posts: 81,844 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,844 Likes: 513 |
TDS sure is strong on here. No kidding. Kamala would have been worse. At least we can feel better about that.
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Nov 2005
Posts: 8,189 Likes: 113
14 point
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14 point
Joined: Nov 2005
Posts: 8,189 Likes: 113 |
Looks like 47 out of 50 states have TDS
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