What would happen if one of the major clearinghouses was to fail?

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What would happen if one of the major clearinghouses was to fail?
reversefiction Offer Upgrade User ID: 79458430 United States 01/29/2021 10:27 PM Report Abusive Post Report Copyright Violation	What would happen if one of the major clearinghouses was to fail? Zerohedge posted this, and I wasn't quite sure what they were talking about. https://twitter.com/_/status/1355286404562096129 Until I read this. [link to www.brookings.edu (secure)] Not saying its going to happen, but it's a very interesting what if? And, it makes me wonder what ole Tyler Durden over at ZeroHedge sees that he's trying to hint at. Not making any predictions here, just throwing it out there for ya'll to chew on. // My definition of insanity. bool try() { return false; } void insanity() { bool success = false; while(!success) { if(try()) { break; } } }

reversefiction (OP) User ID: 79458430 United States 01/29/2021 10:36 PM Report Abusive Post Report Copyright Violation	Re: What would happen if one of the major clearinghouses was to fail? The part that's most interesting here (and perhaps ironic,) is it would be Dodd-Frank that would have set up the environment for that to occur. Dodd-Frank for those who don't know was the landmark change in regulation that came after the 2008 financial crisis. // My definition of insanity. bool try() { return false; } void insanity() { bool success = false; while(!success) { if(try()) { break; } } }
shovelbum User ID: 76409700 United States 01/29/2021 10:42 PM Report Abusive Post Report Copyright Violation	Re: What would happen if one of the major clearinghouses was to fail? I read that article this morning. It is interesting. Shit might get real in the next week or two
Anonymous Coward User ID: 78404244 United States 02/19/2021 03:40 PM Report Abusive Post Report Copyright Violation	Re: What would happen if one of the major clearinghouses was to fail? The ooga booga is rising, mon.

Anonymous Coward User ID: 77287674 United States 02/19/2021 04:14 PM Report Abusive Post Report Copyright Violation	Re: What would happen if one of the major clearinghouses was to fail?
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