are charged with sort of running the models and being independent. there s a business side for folks doing sales. they want the fees. you re going over the head of the people who should be making the decision to the business side guys. you re going to turn us away? what s the difference? you want a 1% capital buffer, they want .75%. can t we meet in the middle somewhere. it ends up being exactly what the banks want. this is what happens over time. the analysts really didn t have the juice in the bureaucracy. it it ended up being the sales side people with the power. karl eleven has a great way to describe this. it s like one of the parties in court paying the judge s salary. it wasn t always this way. the rating agencies used to work on a subscription model where people bought financial products. investors were paying for the ratings. now they have a new thing which they call the issues or pays model, which is what you described.
the president is going to listen to anthony scaramucci and anthony is not going to be shy about offering up his opinion. that s why they have him. rick? i come back to this again, jake. donald trump s impulsive nature and his short attention span, you know, he won t listen to his attorneys when they tell him to stop tweeting. he won t listen to communications staff when they tell him to stop obsessing about fake news. he won t listen to his legislative side guys who tell him, please stay on message about health care or whatever other issue we re talking about. this is the white house that is also at the whim of donald trump. and anthony scaramucci may be a familiar tribal figure to them, they may know him from the campaign, he may be a made guy on the campaign but he is still going to face the difficulty of having to chase the rabbit that is donald trump, who s running from idea to idea to idea every day, and i don t think anyone has demonstrate that had they can go in the oval o