You are viewing a single comment's thread from:RE: Reddit Showing How Much Data Is WorthView the full contextView the direct parenttaskmaster4450le (80)in LeoFinance • 10 months ago I fail to see the long term implications of that. It was a nice story but changed nothing.
Well, the implication is that the greedy banks have to have one eye in the rear view mirror before they do anything. Slows them down a bit even when there is nothing there. They don’t want to get burned again.
Not in the least and it wasnt banks affected. It was hedge funds that were affected.
And the one bankrolling it, Point72, paid its owner $1.8 billion last year.
So I disagree. What you state really has no basis in reality.