4min chapter

Ones and Tooze cover image

Tooze Unplugged

Ones and Tooze

CHAPTER

Working From Home in New York

If you have a banking license in New York, you are part of the dollar system. You are under the umbrella therefore of the lender of last resort, liquidity provision that the Federal Reserve does. The court system is set up to arbitrate any disputes that arise. And those are the two major legal codes under which all of the large scale industrially managed financial engineering goes on. That's another really fundamental reason for having a foothold in New York and all London.

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