Re:Yellen says government will help SVB depositors but rules...
by bentlegen on Sunday March 12, 2023 @05:20PM
(#35126452)
You’re making this sound like some Ocean’s 11-level heist, and then discounting the premise you’ve created as being absurd.
It doesn’t have to be that complicated. Perhaps he saw that the bank was in trouble and made a decision to sell shares when the company was at a 52 week low. His calculus could just be: “with the information I possess, this price could go a lot lower.” He may not have foreseen an insolvency event, or perhaps he knew it was a risk that could occur sometime in 2023 and he should hedge it. Or maybe he just sold it randomly at a low price … because.
It doesn’t have to be that complicated. Perhaps he saw that the bank was in trouble and made a decision to sell shares when the company was at a 52 week low. His calculus could just be: “with the information I possess, this price could go a lot lower.” He may not have foreseen an insolvency event, or perhaps he knew it was a risk that could occur sometime in 2023 and he should hedge it. Or maybe he just sold it randomly at a low price … because.