3 ms·
Pretty sure shareholders of bailed-out banks[1] weren't destroyed. For example JPM is up 155% since it's 2007 pre-crash high. That won't be the case for SIVB sh
by schrodinger 4y ago
Pretty sure shareholders of bailed-out banks[1] weren't destroyed. For example JPM is up 155% since it's 2007 pre-crash high. That won't be the case for SIVB shareholders.
1: https://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program#:~:text=Participants,-See%20also%3A%20Supervisory&text=The%20banks%20agreeing%20to%20receive,Mellon%20and%20State%20Street%20Corp https://en.wikipedia.org/wiki/Troubled_Asset_Relief_Program#....