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Those who took the risks are losing their shirts: the shareholders and debtors of SVB and its executive staff.
by ok_dad 4y ago
Those who took the risks are losing their shirts: the shareholders and debtors of SVB and its executive staff.
- Lionga 4y agoAny accountholder at SVB is a debitor to SVB. They are getting the bailout, while they clearly took the risk for anything above 250K
- sokoloff 4y ago> Any accountholder at SVB is a debitor to SVB. One with deposits in the bank is a creditor. One with a loan from the bank is a debtor/debitor.
- justsayinstuff 4y agoAre the executives really losing their shirts? Their bonuses better be clawed back.
- eru 4y agoIt's a shame that we are trying to shield depositors from all risks. It's better to have more people watching out for danger.