Re:Silicon Valley Bank paid out bonuses hours before seizure
by babyshake on Saturday March 11, 2023 @06:06PM
(#35113726)
The notion that bankers who make large sums by constantly projecting and promising safety and risk mitigation shouldn't be losing their shirts when everything blows up just lays bare the truth. Everything is setup to protect the powerful and the wealthy, and out of everyone it's probably going to be 401ks, taxpayers, and small businesses to get hurt the most.
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Re:Silicon Valley Bank paid out bonuses hours before seizure
by Aeolun on Saturday March 11, 2023 @06:26PM
(#35113885)
> Everything is setup to protect the powerful and the wealthy
What was it that judge said? If they were to go to prison it might affect them negatively.
Re:Silicon Valley Bank paid out bonuses hours before seizure
by throwawaysleep on Saturday March 11, 2023 @06:21PM
(#35113849)
Lots of people far wealthier than those bankers who will lose money here.