Re:Railway GCP Account Suspension Incident Report
by kjs3 on Sunday May 24, 2026 @07:30PM
(#48262064)
Another solid C in finance. Congrats.
They have 125b they can literally write a check against and allocate any way they want as long as it delivers an adequate return and doesn't piss off the shareholders. Other than sophistry, what's the difference?
Re:Railway GCP Account Suspension Incident Report
by lmm on Thursday May 28, 2026 @04:31AM
(#48306247)
> They have 125b they can literally write a check against and allocate any way they want as long as it delivers an adequate return and doesn't piss off the shareholders.
No they don't. The pension regulator sets very restrictive controls on what they can do with that 125b, because it's neither the company's nor the shareholders' money.
Which this company didn't. They managed 125b of assets belonging to other people, they didn't have 125b of their own.