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BM,
The FDIC removing "reputational risks" from its High Risk Guidelines should change how sexual materials are judged, because they were automatically classified as high risk before based on that alone. And should remove some pressure on adult businesses that were being applied by the banks as well in reliance on this Guideline. I am sure you would have said that Backpage had no chance taking on Visa and MC either. Maybe when some company has the balls to test this in court we will get a real answer.
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