Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Bingo. This is why it smells like something fishy. Like the banks are trying to earn carry/float interest. And possibly the government is in bed with them, by adding some regulation to impose an artificial delay, to supposedly add safety/caution, but in reality to give the banks cover to earn more profit on this carry/float interest. This is my best thumbnail theory, anyway.


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: