Quote:
With New York and the banks, the state was telling the banks that if they want to do business with the [state] government, they must play politics.
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It is actually worse than that based on the NRA’s lawsuit. NRA is alleging the state is using its regulatory powers and NYC’s status as a financial capital to tell banks they cannot do business in NY at all if they have the NRA as a client - not woth the state, nor with any other private bank; because they won’t meet the regulatory scrutiny NY will give them.
And Cuomo is strutting around saying things that must make the law firms defending against this sweat blood.