“And that's true to some extent, but it's actually much…” — Cato Audio at 40:37
“And that's true to some extent, but it's actually much bigger than that. Regulators have a lot of discretion. They can use something called reputational risk. And then they have a lot of discretion on what they consider to be a threat to safety and soundness. So they can kind of just go in and say, well, if you guys…”
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