Wednesday, April 01, 2015

On Finally Getting Around to Reading The "New" RBC Rule...




"There is something fascinating about the NCUA's "logic" in  the "new" RBC rule.  One gets such wholesale returns of conjecture out of such a trifling investment in facts."

              - Mark Twain


And, quite frequently, "the conjecture"** is simply a...






** Conjecture - English, n., synonym - "larry"; often preceded by the adjectives: "bald-faced", "outright", or "robust".

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