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FSogol

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Gender: Male
Hometown: Northern VA
Member since: Fri Oct 29, 2004, 09:34 AM
Number of posts: 43,416

Journal Archives

A picture says a thousand words.

https://twitter.com/TG22110/status/1582104990952275969?s=20&t=5MDSg3UH9NnXRUADiH9g0A

How a New Anti-Woke Bank Stumbled

An A-list group of financial backers including Ken Griffin and Peter Thiel gave Toby Neugebauer tens of millions of dollars to build a new kind of bank—one aimed at people who see Wall Street as too liberal.

The potential customer base was huge, Mr. Neugebauer and his business partner, former Mike Pence chief of staff Nick Ayers, told the investors. Plumbers, electricians and police officers, the pitch went, are fed up with big banks that don’t share their values.

The startup, called GloriFi, initially aimed to launch with bank accounts, credit cards, mortgages and insurance, while touting what it called pro-America values such as capitalism, family, law enforcement and the freedom to “celebrate your love of God and country.”

Within months, the investors’ money was nearly gone, and GloriFi was on the verge of bankruptcy. It missed launch dates, blaming faulty technology and failures by vendors, and laid off dozens of employees. It stumbled with products; for instance, a plan to make a credit card out of the same material used for shell casings failed when the company realized the material could interfere with security chips and potentially be too thick for payment terminals, according to people familiar with the matter.


https://www.wsj.com/articles/glorifi-how-new-anti-woke-bank-stumbled-11665174704?st=1ijcoywj5pcjiew&reflink=desktopwebshare_permalink&utm_source=substack&utm_medium=email

Good gawd, The Grift Also Rises! $1.7 billion down the drain over RW grifting!

Herschel Walker Self-Defense Training

https://twitter.com/TheDailyShow/status/1577403435015671839?s=20&t=rFl-vS-L4uDZ06eLAC-DOw
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