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Winter is surely coming. One might hope it will arrive without the sorcery, murder, mayhem and intrigue of that memorable HBO show, but surely it will be freighted by its own quantum...
The u.s. and in europe, they do too, systems where we can deal with these banks. we can seize them, shut them down. we have certain resolutional authorities. >> a containment apparatus. >> and even before dodd/frank, there were always ways to really take over and do something. we've done them a million times. i mean, the the too big to fail, and we can't, there are no legal ways to do it. i never buy that. there are always ways for the governments to really seize those banks, shut them down -- >> they control the banker's charter. >> sell the good stuff and get rid of the bad stuff over time w...
Too, systems where we can deal with these banks. we can seize them, shut them down. we have certain resolutional authorities. >> a containment apparatus. >> and even before dodd/frank, there were always ways to really take over and do something. we've done them a million times. i mean, the the too big to fail, and we can't, there are no legal ways to do it. i never buy that. there are always ways for the governments to really seize those banks, shut them down -- >> they control the banker's charter. >> sell the good stuff and get rid of the bad stuff over time without hurting the rest of the f...