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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 JumpCrisscross on Sunday March 12, 2023 @09:52PM (#35129693)
> sometimes it's better to make prudent decisions that help everyone instead of attempting to punish the sinful

I'm conflicted about this. In the last seventy-two hours, I made a ridiculous amount of money standing still because risks that shouldn't have paid are being done so by people who shouldn't have to pay them. I personally benefit. But we've given tech companies a visible privilege American farms, factories and municipalities don't enjoy. T

[ Parent | on HN ]
Re:Joint Statement by the Department of the Treasury, Federa... by celticninja on Sunday March 12, 2023 @10:07PM (#35129880)
It's the old saying, if you owe the bank a million dollars you have a problem, if you owe the bank $100m then the bank has a problem.
[ Parent | on HN ]