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Senators Aren't Ready to Blame Themselves for Silicon Valley Bank Implosion
- ggm 4y agoI wouldn't worry, there's plenty of blame to share around. But having said that, permitting lobbyists to successfully advocate for weakening the underpinnings rather does point at this cohort. They're eminently blame worthy. A failure in oversight is very hard to assign to anyone but the people who changed the basis of oversight requirements.
- melling 4y agoThis has been brought up in business news several times and my understanding is that the rollback didn’t affect the SVB situation. There was an initial claim, though. Politics, being what they are, usually means that if someone can be immediately blamed, the heat is on…