GTCO makes more money lending to the government than to you
Capital makes it starker. FGN securities carry a zero risk weight, so the bill at 21% needs no capital behind it while the loan at 22% does. Hard to blame GTCO for picking the bill.
Absolutely
Capital makes it starker. FGN securities carry a zero risk weight, so the bill at 21% needs no capital behind it while the loan at 22% does. Hard to blame GTCO for picking the bill.
Absolutely