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I just don't get the idea of starting a bank if you're an intelligence agency. I mean, you already have a sizeable federal budget, a considerable black budget, a decent haul from side deals with criminal groups. Why would you want to go to all of the trouble to run a bank? Running a bank is hard work.

The idea would only make sense, I think, to someone who had never worked at a bank and realized all of the effort it takes not to accidentally lose people's money.

I just don't get the idea of starting a bank if you're an intelligence agency. I mean, you already have a sizeable federal budget, a considerable black budget, a decent haul from side deals with criminal groups. Why would you want to go to all of the trouble to run a bank? Running a bank is hard work. The idea would only make sense, I think, to someone who had never worked at a bank and realized all of the effort it takes not to accidentally lose people's money.

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[–] • 1 pt

I mean, the government has started a fake bank before, at least one that we know about.

https://www.npr.org/sections/money/2019/02/13/694549634/episode-418-a-fake-bank-for-money-laundering-run-by-the-government

[–] • 0 pt

Thanks so much! That's helpful!

I still don't see the point though when you can just hack the bank. Thank you nonetheless.