Re:SVB shows that there are few libertarians in a financial ...
by yunwal on Monday March 13, 2023 @05:16PM
(#35142810)
> But are they really the only bank in the world doing that mistake?
I’m not sure that looking to the financial sector for examples of fiscal responsibility is actually reasonable, but I’d guess that they’re the only bank that’s “too-big-to-fail” that could possibly fail because of a single slack discussion.
Re:SVB shows that there are few libertarians in a financial ...
by lmm on Monday March 13, 2023 @11:38PM
(#35147142)
Meh. Larry Fink could probably kill a non-big-four bank single-handedly if he really wanted to. Wealth is concentrated right now, and power even more so.
I’m not sure that looking to the financial sector for examples of fiscal responsibility is actually reasonable, but I’d guess that they’re the only bank that’s “too-big-to-fail” that could possibly fail because of a single slack discussion.