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Fees that banks collect from depositors fund the FDIC ... so like I said, taxpayers are going to take the hit on this one. Countries like Russia and China woul
by hackrnusr 4y ago
Fees that banks collect from depositors fund the FDIC ... so like I said, taxpayers are going to take the hit on this one.
Countries like Russia and China would execute the leadership at SVB that allowed this disaster to happen.
In this country, they'll all get another cushy job from their friends in the industry where they can take even more risks with taxpayer money ... hopefully with a much better outcome next time!
- Waterluvian 4y agoIf this creative take on reality is comforting to you then I won’t try to rob you of that comfort.
- dvngnt_ 4y agoI'm sure Russia and China do a lot of things that America doesn't do.
- hackrnusr 4y agoAnd America does a lot of things that Russia and China don't do apparently: https://www.google.com/amp/s/nypost.com/2023/03/11/silicon-valley-bank-pushed-woke-programs-ahead-of-collapse/amp/ https://www.google.com/amp/s/nypost.com/2023/03/11/silicon-v...