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Re:Tech layoffs more than double in Bay Area by gaius on Friday May 13, 2016 @06:26AM (#11689561)
Outsiders radically underestimate the complexity of what banks actually do. A fintech firm that isn't 90% ex-bankers is extremely unlikely to succeed.
Re:Tech layoffs more than double in Bay Area by collyw on Friday May 13, 2016 @07:13AM (#11689707)
The reason its complex is because if it was simpler the masses would see how much its ripping them off.
Re:Tech layoffs more than double in Bay Area by gaius on Friday May 13, 2016 @09:17AM (#11690207)
Ironically one of tne reasons is regulatory compliance and reporting...