grahamsteele.bsky.social
Assistant Professor, UNC School of Law. Teaching and writing about financial and corporate law. Former Assistant Secretary, US Treasury Department & Democratic chief counsel, Senate Banking Committee. https://law.unc.edu/people/graham-steele/
👤 Joined on 10 août 2023
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I've begun to see the big banks as Godzilla: dangerous, unstable, but useful for when you need someone to fight Mothra.
Show PostBureaucracy is often confused with being ineffective. Component staffing arranged in a functional division of labor may not be considered cutting edge but it’s a sort of superpower.
Show PostI am not going to try to tell you the banking system is good per se BUT a lot of that shit is the way it is for a reason, and the reason is literally hundreds of years of institutional knowledge of financial shenanigans
Show PostI wish them luck on their adventures in nation-building. Hopefully they don’t kill too many people.
Show Postit is unbelievable that just, as a politician, this guy still absolutely has his fastball. put him on the ballot in 2028 and he wins like 60 percent of the vote.
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