4 ms·
>> and senior management are going to get wiped out and fired. Yeah, let's punish the management like we did in 2008... "SVB executive was Lehman Brothers CFO
by thefounder 4y ago
>> and senior management are going to get wiped out and fired.
Yeah, let's punish the management like we did in 2008...
"SVB executive was Lehman Brothers CFO prior to 2008 collapse"
https://m.economictimes.com/news/international/business/svb-executive-was-lehman-brothers-cfo-prior-to-2008-collapse/amp_articleshow/98588385.cms https://m.economictimes.com/news/international/business/svb-...
- cronix 4y agoAnd to really punish him, we shall strip him of his "Class A" shareholder status at San Francisco FED. https://www.bloomberg.com/news/articles/2023-03-11/svb-ceo-becker-removed-from-sf-fed-s-board-after-bank-s-failure https://www.bloomberg.com/news/articles/2023-03-11/svb-ceo-b... But not before we let him cash in $3.6M in stock. https://www.forbes.com/sites/brianbushard/2023/03/10/svb-financial-ceo-sold-36-million-in-stock-before-banks-collapse/?sh=652b8a2e4b2a https://www.forbes.com/sites/brianbushard/2023/03/10/svb-fin... Let this be a lesson to all of you other banks.
- gizmondo 4y agoLook, it's a meme, you're not supposed to take them seriously. The guy is an executive at SVB Securities, a separate branch that is completely fine.
- ProjectArcturis 4y agoHe didn't work at the part of Lehman that failed, and he didn't work at the part of SVB that failed.