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Rabbit Hole Recap #228: DCG & Genesis Getting Dragged into the Contagion

Rabbit Hole Recap

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Farmington State Bank Is a Federal Reserve Regulated Bank

Marty: If it's a federal reserve regulated bank the regulators who want to do due diligence on who's acquiring that license would have seen that there was some definitely did not do any due diligence yes. Marty: i don't know i'm torn on this one Marty because like you know if there's like a private bank in my like bumblefuck hometown  that's mostly serving locals and stuff like i should be able to invest in it without the federal government telling me that i have to complete all this shit, he says. "Our banking system is completely fought by regulation right now," Martin adds.

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