What makes the whole thing hilarious is that it's not like the legal requirements haven't been known for decades. The banks hire lawyers, the lawyers should have told them the correct procedure. But then again, the investment banks hire "risk managers" to warn them not to become vulnerable to market meltdowns, and the banks didn't listen to them, either.
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
(no subject)
Date: 2011-01-14 02:19 am (UTC)