News for hackers. Stuff that matters.

A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by nerdponx on Sunday March 12, 2023 @07:09PM (#35127799)
Right. You do stupid reckless stuff that causes a loss? Fine, your insurance premiums go up. Same as with homes and cars.

The only outcome I'd like to see better are bonus clawbacks for the "removed" senior management.

[ Parent | on HN ]
Re:Joint Statement by the Department of the Treasury, Federa... by mtremsal on Sunday March 12, 2023 @09:31PM (#35129466)
I don’t know about clawbacks on bonuses, but part of their comp is equity and shareholders are getting wiped, so you’re pretty much getting your wish anyway.
[ Parent | on HN ]