Thursday, April 6, 2017

Trumpster and yawker slop behind the curve

Cohn Backs Wall Street Split of Lending, Investment Banks

The idea here is that savings and loans should act like highly regulated two color trading pits while investment banks run the proprietary three color deal, like Goldman-Sachs.

Fine, I think Cohn knows that savings and loans are getting automated with asynchronous, adjustable interest charges; while time synchronous payments shoved up to the proprietary smart contracts layer.

I always look at this stuff through the sandbox architecture. Using sandbox assumptions someone else, not me, showed that time synchronous payments are always hedged by managed congestion. That idea is catching on, Wall Street is figuring out that we have cracked their code.

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