Absolute: 9% interest on account balance - Two Plus Two Newer Archives

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Absolute: 9% interest on account balance

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08-30-2007, 06:33 PM

MiltonFriedman MiltonFriedman is offline

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Join Date: Feb 2006

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Why get regulated as if you were a Bank, Absolute ???

Assuming that is actually from Absolute, I would be very surprised if it lasts very long .... for the same reason.

WHY attract regulatory attention by becoming a Bank ??

Where is the upside ?

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