The TBTF banks are so far gone that there is probably little Mnuchin can do to stave off the inevitable. No doubt there is an Oligarchy – whether they planted Mnuchin and Ross is yet to be seen. Maybe the realities of the rigged system caused a tad bit of conscience to develop since there servicer-related escapades.
Mnuchin was and remains “the guy between the guys.” Billed as the organizer of OneWest his role was to provide a layer between the founders and the rest of the world. His prospective appointment As Secretary of the US Treasury means that the TBTF banks would have a lackey to do what the banks wanted the US Treasury to do.
Get a consult! 202-838-6345
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