business
Pay depositors for risk due to bank losses
There is a great book on marketing titled The Long Tail, which stresses that instead of trying to hit millions of customers at once, it’s perhaps better to do millions of niches. Replete with examples, it was and remains a deserved hit. The “long tail” refers to the distribution of something — a large bulk at one end, quickly trailing off to smaller numbers but which go on for a long time.



