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It's as if the market is hearing a totally different hearing that I am. The Fed and the SEC are attempting to be elusive while several senators are pressing for more answers, transparency and information. This is information that the Fed's do not wish to reveal, ex. who were the counterparties at risk to BSCs failure, what is the composition of the collateral that the tax payers are on the hook for, how was the price derived for BSC's share price, etc.

This is not a reason for I banks to be rallying, yet they are.