Matt Levine's comment always stick in my head: 'I say sometimes that the tech in... | Hacker News

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kokey on Oct 24, 2016 | parent | context | favorite | on: Building a Bank with Kubernetes [slides]

Matt Levine's comment always stick in my head: 'I say sometimes that the tech industry is about moving fast and breaking things, while "finance is an industry of moving fast, breaking things, being mired in years of litigation, paying 10-digit fines, and ruefully promising to move slower and break fewer things in the future."'

nickpsecurity on Oct 24, 2016 [–]

That's a good comment. Applies to most banks. Then there's Goldman Sachs. ;)

kchoudhu on Oct 24, 2016 | [–]

Oh, what I said was coloured explicitly by my experiences working on regulatory development at Goldman.

Everything was filtered through the lens of "What would the regulators say? And how do we tell the regulators what we're doing?"

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