Reply to post: Re: How it made money is therefore a mystery...

Unpaid tech contractor: 'I have to support my family. I have no money for medicines'

Anonymous Coward
Anonymous Coward

Re: How it made money is therefore a mystery...

Let's say $100,000 per contractor for argument's sake / 52 weeks * 1,000 contractors @ 5% interest / 52 weeks. So I make it that holding everyone's money for a week in a better than market average account would get them less than $2,000. Given a realistic business account interest rate.... more like $200.

So I doubt they're going to retire off the profits any time soon.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon