On: Tipjoy Raises $1 Million For Its Simple Micropayme...

[ivankirigin]

Have you ever talked to anyone who worked at a bank? They aren't exactly out for innovation.

[sethg → ivankirigin]

Leveraging yourself 30:1 to buy collateralized debt obligations doesn't count as innovation?

[ivankirigin → sethg]

I do agree that there is a great deal of innovation on the high end. You should look into the automated traders they are making these days. Consumer facing services, not so much.