News for hackers. Stuff that matters.

A comment on Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009). Parent comment

Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009) by danielweber on Monday February 09, 2015 @01:05PM (#9022578)
At the time, I supported letting Lehman die. Take your medicine, screw-ups!

I was wrong. It's largely regarded as a bone-headed move today. It was the start of the meltdown.

[ Parent | on HN ]
Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009) by tormeh on Monday February 09, 2015 @06:32PM (#9024511)
The losses would have to be written off somehow, maybe it could have been done more slowly, but I wouldn't think too much about the trigger for the crisis.
[ Parent | on HN ]