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happyscrappy t1_jedmvom wrote

Reply to comment by Horat1us_UA in It's becoming increasingly clear that fintech has a fraud problem by marketrent

The banks didn't commit any fraud (generally). They just were idiots with their money. So we could have more regulation to prevent this.

I'm all for it. Put Glass-Steagall back for starters. And we'll build from there.

Make commercial banking boring again.

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Horat1us_UA t1_jeevpwy wrote

They “didn’t commit fraud” just because government do not consider their fraud as fraud. Look on Iceland

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