Join the Community

22,714
Expert opinions
43,940
Total members
363
New members (last 30 days)
189
New opinions (last 30 days)
28,921
Total comments

A Bank in Every Ear,Pocket,NightStand,Dashboard

I shot an arrow into the air
It fell to earth so I went there.
Unfamiliar was one decaying store
Compared to the robustness of the neighborhood.

Moving closer to that dormant spot
I smelled not gourmet coffees brewing,
Played not wild videos,
Filled not my gas tank,
Stuffed not on fat food,
Strained not on body toning machines,
Bought not a miracle skin cream or pill.

What is this unused place among busy purveyors?
Then faint memory clicked on
Thanks to a leftover sign stating
"drive-up is for customers only."
Hark, It's a branch from the days of in-your-face

Which 20-somethings find no use for
And thus became the fifth in a series of,
When 2-over-prime doesn't work anymore
1. Create a package containing names unknown
Derived from what? I wondered as did others
2. Sub-prime that should have been labeled no-pay-back
3. Securitization of things that only Vegas would roll on
4. Collateralized Debt Obligations whose fine print offered risk but with high returns.

The Fed approved it all; the greedy bought in; some Wall Street vendors failed.
But the public was protected, for Government sent lifesavers to the rescue,
Even though some would argue Gov was broke itself with $17 tril in debt.
Later, even foreclosures failed at what they do, but gained the #1 spot in the oops department.

Although 20-something paradigms are not for me
They showed indeed they had possessed the vision which
Many last men standing are still clinging to:
Outlets whose usefulness has passed.
And the winner is..... May I have the mobile please?

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Join the Community

22,714
Expert opinions
43,940
Total members
363
New members (last 30 days)
189
New opinions (last 30 days)
28,921
Total comments

Trending

Nicholas Holt

Nicholas Holt Head of Solutions and Delivery, Europe at Marqeta

Navigating Financial Fluctuations with Flexible Solutions

Ivan Nevzorov

Ivan Nevzorov Head of Fintech Department at SBSB FinTech Lawyers

RWA Token Regulations in 2025: How to Launch Successfully

Now Hiring