They have rocket scientists working on Wall Street slicing and dicing derivatives. I am not a rocket scientist. I have words, not numbers at my beck and call. I have metaphors and imperfect understanding. But I'm going to try to help you understand What Bankers Think(tm). Some bankers. Bankers who work in Operations and Treasury. Community Bankers. Bankers who deal with Payments and File Transfers and who don't want to cannibalize their Wire Transfer business with their ACH business. Bankers who probably knew that regardless of what Congress did today the Fed was going to pull the big lever on the presses and print a passel more money to sluice into the system.
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