Google Bank

Rich Tehrani : Communications and Technology Blog - Tehrani.com
Rich Tehrani
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Google Bank

Is Google thinking of getting into the banking business? Well according to this Motley Fool article the company has done something novel with its stock options program allowing options granted after the IPO to be traded on the open market once they vest. This protects employees from a stock price meltdown and should in theory lead to happier workers. The program is not for Google executives by the way so we can’t assume this is a way for the top brass to sell stock early on bad news. Rick Munarriz makes the logical leap that this marketplace could become the underpinnings of Google Bank. He could be correct. The company currently wants to organize the world’s information, why not our money as well. I’m game. What’s the interest rate?

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