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Banking the Poor
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Banking the Poor

Plus: High Frequency Trading, Insider Trading, Drug Money

Marc Rubinstein
Sep 17, 2021
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Banking the Poor
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There’s a disconnect that sits at the heart of banking: the people with the highest demand for loans aren’t the ones banks want to lend to. More often than not, it’s because they don’t have collateral – and there’s nothing a bank likes more than collateral. A private bank will lend you as much as you want against the value of your stock portfolio; a mor…

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