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The Contrarian Edge With Vitaliy Katsenelson

Lead-Lag Live

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Is Fargo Paying the Dust?

I think the issue as well as Fargo was kind of the Ronan setups, right? And I think they are paying the dust. That was really the issue where they opened multiple accounts for like, you know, and a number somewhere that the market value of the loss was in the tens of billions of dollars. So if other banks were doing what was Fargo is doing, most likely because the punishment was Fargo suffered was very severe. No, it's like both targets, one of the largest banks in the U.S., despite, you know,. the federal government is trying to limited their growth.

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