Did the regulators say no to Braid specifically? Felt more like the regulators w... | Hacker News

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		twic on Oct 7, 2023 \| parent \| context \| favorite \| on: Braid is dead, long live Braid Did the regulators say no to Braid specifically? Felt more like the regulators were putting pressure on the sponsor bank to get out of risky businesses in general.

inmygarage on Oct 7, 2023 [–]

Author here, yes this is what happened. It wasn't related to our model specifically but rather to the bank's entire portfolio.

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