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Splitting up Banks
document IMAGES-001-HOUSE_OVERSIGHT_011090.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…cannot be attracted at leverage (deposit/equity) of less than 10:1, that even one tenth so much leverage is unstable in high winds, and that we rebuild the banking system after every systemic failure because we blamed the high winds rather than the rickety structure. I said tha...

growth, and, in the event, the 10OY UST yield at 2.34% would not seem too
document IMAGES-009-HOUSE_OVERSIGHT_026641.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

growth, and, in the event, the 10OY UST yield at 2.34% would not seem too high. The dollar will continue to smile. Previously, we made the suggestion that the US dollar is on the right side of the Dollar Smile against the majors, but it is on the left side of the Dollar Smile ag...