That I do. People know how banks operate and they are regulated. The same is not... | Hacker News

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meaty on Dec 19, 2012 | parent | context | favorite | on: Mark Zuckerberg donates $500 million

That I do.

People know how banks operate and they are regulated. The same is not true for Facebook, which makes negative policy decisions all the time.

polyfractal on Dec 19, 2012 [–]

Yes, because the recent financial crisis proved how much we know about banks and their dealings.

Banks are one of the most opaque industries and are constantly devising (ingenious) ways around regulation.

meaty on Dec 19, 2012 | [–]

Yes and that is with regulation. Imagine what Facebook is like.

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