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steveplace
on Jan 13, 2010
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Ask HN: How can I start my own bank? (Let's redesi...
It's the 3/6/3 model, and it works beautifully.
Savings accounts at a 3% rate.
Mortgages at a 6% rate.
On the golf course by 3PM.
pragmatic
on Jan 13, 2010
[–]
If it were a Savings and Loan in 1982.
bwanab
on Jan 13, 2010
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parent
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Except in 1982 the rates would have been 8% and 12%.
kbob
on Jan 13, 2010
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And who wants to start a golf game at 8:00 PM?
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Savings accounts at a 3% rate.
Mortgages at a 6% rate.
On the golf course by 3PM.