Re:Yellen says government will help SVB depositors but rules...
by EFreethought on Sunday March 12, 2023 @02:26PM
(#35124095)
"Last year" as in the year they had no Chief Risk Officer? Got it.
[ Parent
| on HN ]
Re:Yellen says government will help SVB depositors but rules...
by gruez on Sunday March 12, 2023 @04:29PM
(#35125834)
I don't see how that's relevant. The leadership team at SVB undoubtedly made a bunch of dumb decisions and they deserve to be raked over the coals for that, but there's no need to make the unsupported claim that the executives were looting the place a few days leading up to the collapse.
Re:Yellen says government will help SVB depositors but rules...
by EFreethought on Sunday March 12, 2023 @06:37PM
(#35127249)
We can't replay history, but maybe if they had a CRO, they would not be in this mess. They had time to set bonuses, they had time over the past few years to lobby for looser regs, but apparently a CRO was just too much bother.