Taxpayers hate him for this simple trick!

[Anonymous No.54077775]

>be me
>want to make a ton of money but have no money to start with
>come up with plan
>start own bank for startups so that finance bro's and crypto bro's give me their money
>realize this money can't sit idle with current inflation
>get idea
>invest clients deposits into long-term fixed rate treasury bonds for that sweet 0.4% yield
>no hedging
>all of a sudden FED decides to raise interest rates
>FUCK
›people are talking about insolvency
>stress thinking I can't give all clients their money back
>moment of clarity
>remember I'm a banker and the government will use taxpayer's money to bail me out no matter how bad it gets
>I'm basically rich
Face the consequences of monumental risk management failure? No thanks.
Later brokeys.

[Anonymous No.54078722]

>>54077775
>invest clients deposits into long-term fixed rate treasury bonds for that sweet 0.4% yield
In all seriousness how do people this retarded manage a fucking bank with hundreds of billions of dollars?