Re:How deep is the rot in America’s banking industry?
by noslenwerdna on Thursday March 16, 2023 @03:31PM
(#35187101)
Shouldn't the executives have to pay back their bonuses they got just before the FDIC intervened? Aren't they effectively subsidized by the govt?
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Re:How deep is the rot in America’s banking industry?
by sschueller on Thursday March 16, 2023 @04:32PM
(#35188075)
Yes, every cent. If they don't it is effectively a ponzy scheme where the last bag holding investors are the ones getting zeroed out. All the previous holders made money on them.