3 ms·
Not if the managers got fired. Not if the stockholders got wiped out. The stockholders care more about the stockholders than they do about the depositors. Th
by AnimalMuppet 3y ago
Not if the managers got fired. Not if the stockholders got wiped out.
The stockholders care more about the stockholders than they do about the depositors. This is also true for most of the managers, maybe all of them.
- FireBeyond 3y agoMost of SVB's executive team are now working at other banks as executives there. That to me signals that those banks are willing to roll the dice that "maybe we don't take as much risk as they did at SVB, but more than we're doing now".