2 ms·
I really doubt that Mr. Thiel's role was intentional. He was probably just being a good steward of his portfolio's accounts and his spidy sense was going off.
by taftster 4y ago
I really doubt that Mr. Thiel's role was intentional. He was probably just being a good steward of his portfolio's accounts and his spidy sense was going off.
I don't think it was like, "Hey, I know what, I've seen A Wonderful Life. Let's see if we can do a modern day version of a bank run. Everyone, get your money out of there."
His actions might have been the spark. But the tinder was there and it would have sparked by any other person (of similar influence) taking notice. The bank is at fault for this, not any depositor.