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Why the banks were ready for the financial impact of coronavirus

April 23, 2020 00:00 AM UTC
- Updated September 02, 2020 10:56 AM UTC

And how they'll capitalize on Washington's stimulus plan.


SHAWN TULLY: Going back to 2008, 2011, was a crisis period. There was lots of new restrictive legislation that was imposed on the banks. And the big one, of course, was the Dodd-Frank Bill that put restrictions on the kind of trading that Wall Street firms could do. They shrank their leverage way d...

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