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They were pocketing 25% of the interest payments and providing near-zero additional value to customer on a single-item portfolio. They could have at least bough
by jl2718 4y ago
They were pocketing 25% of the interest payments and providing near-zero additional value to customer on a single-item portfolio. They could have at least bought an InsurAce policy for 2% and they’d still have a 15% margin for doing nothing except batching transactions.