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 Grimburger on Sunday March 12, 2023 @10:46PM (#35130308)
> From the perspective of just the people working at SVB

Who had the former CFO of Lehman Brothers just before it collapsed on their executive team? These people will continue to fail upwards with taxpayer support as they always do.

See you in ten years when he's involved in the next one.

[ Parent | on HN ]
Re:Joint Statement by the Department of the Treasury, Federa... by leosarev on Monday March 13, 2023 @01:33AM (#35131512)
Interesting. In Russia, CFO of bankrupted bank will be forbidden for holding offices in another banks for 5 years. For life, if it was conviction.

USA doesn't have laws like this, do you?

[ Parent | on HN ]
Re:Joint Statement by the Department of the Treasury, Federa... by danaris on Monday March 13, 2023 @10:24AM (#35136109)
Even if it did, 2008 was more than 5 years ago...
[ Parent | on HN ]