Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo...
by astrange on Sunday March 12, 2023 @09:58PM
(#35129766)
> The SVB owners lost the bank. There's no happy result for them.
Some of them did get bonuses that day - of course then they lost their jobs. I'm not sure if there's a mechanism to claw back excess bonuses, but if SVB goes through bankruptcy after this it should be possible.
Some of them did get bonuses that day - of course then they lost their jobs. I'm not sure if there's a mechanism to claw back excess bonuses, but if SVB goes through bankruptcy after this it should be possible.