July 11, 2007 at 6:37 am
#742175
Inactive
There was never any hope that the Treasury would get the provisions of the UIGEA ready in 270 days. With practically every financial institution against the concept, the only way this could have been done was to alienate the entire banking system.
That being said, I don’t think any of the operators who bid goodbye are planning to come back any time soon.