News for hackers. Stuff that matters.

A comment on How deep is the rot in America’s banking industry?. Parent comment

Re:How deep is the rot in America’s banking industry? by jjtheblunt on Thursday March 16, 2023 @05:39PM (#35189093)
> It's not even clear what people are upset about.

The upset seems centered around the perception that rules were changed ex post facto to protect political donors.

I get that impression from HN, from newspapers of all ilks and biases as well.

[ Parent | on HN ]
Re:How deep is the rot in America’s banking industry? by TMWNN on Thursday March 16, 2023 @06:06PM (#35189450)
> The upset seems centered around the perception that rules were changed ex post facto to protect political donors.

69% of SVB employees' donations were to Democrats over the past three years. <https://unusualwhales.com/news/svb-donations>

The bank donated $74 million to Black Lives Matter. <https://nypost.com/2023/03/15/svb-donated-73m-to-black-lives...>

[ Parent | on HN ]