3 ms·
Maybe I'm misunderstanding, but I think the point is that there would be fees to ensure that they always have an extra $0.08 on hand for every $1 you put in. N
by SpaghettiCthulu 4y ago
Maybe I'm misunderstanding, but I think the point is that there would be fees to ensure that they always have an extra $0.08 on hand for every $1 you put in.
Not sure what that would look like. Maybe a fee on every deposit?
- dragontamer 4y agoMaybe the details of how it worked were absurd and unworkable and the FDIC shit it down. Occam's razor.