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Josh Rogin
@joshrogin
New: For the U.S., the biggest financial threat from China might not be the coronavirus https://washingtonpost.com/opinions/2020/03/12/us-biggest-financial-threat-china-might-not-be-coronavirus/…
@PostOpinions
@CalPERS
@RepJimBanks
@robertcobrien
washingtonpost.com
Opinion | For the U.S., the biggest financial threat from China might not be the coronavirus
Americans’ pensions are being gambled on risky Chinese companies.
10:31 PM · Mar 12, 2020
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Creative Investment Research
@CreativeInv
·
Mar 13, 2020
Replying to
@joshrogin
@PostOpinions
and 3 others
@PostOpinions
@CalPERS
@RepJimBanks
@robertcobrien
Wrong. The biggest financial threats are from systemically important financial institutions (#SIFI). Just look at the #financialcrisis of 2008.
Wells Fargo sign
americanbanker.com
Time to clean house at Wells Fargo
The megabank’s continued compliance problems suggest that all of its board members, along with 100 of its most senior managers, should be replaced to make way for real change.
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