Talking warrants on TV
Recorded a segment for Reuters Insider today, the TV product in Beta here at 3 Times Square.
One big correction: I say the DIF never charged banks for the insurance it provided. What I meant to say was that they hadn’t charged banks anything over the last ten years. What I should have said is that, in effect, they haven’t really charged anything because the DIF is negligible relative to the deposits it insures.