More and more Americans are gaming the deposit-insurance system (economist.com) 2 points by pseudolus 3y ago ↗ HN
[–] ggm 3y ago ↗ Great scheme until it all falls apart. If it turns out there is a re-investment complex product behind the scenes in this model, and somebody works out how to collateralise that, and then somebody else works out how to short it...
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