CNBC Fast Money Halftime Report April 12, 2017
Yesterday was 2500 executives from Regional Banks in orlando. I was a keynote at their conference and i love to do these things because you learn so much going out, start with a brake light of chardonnay, move to caber nay for dinner, and heres what i learned. This assumption that were going to get this regulatory relief, turn that switch and get instant earnings acceleration, is completely wrong. Heres why. They spent 1 billion as a collective implementing all the regulations into their systems, their logistics, their software, the compliance, the reporting, it took them three years to do it....