Jeff Tiedrich
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weird how there are always billions of dollars just lying around whenever tech bros need their sketchy bank bailed out but there's never any money when children need healthcare or a simple school lunch. oh well just one of those things I guess
10:11 AM - Mar 13, 2023
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Richard Sterling
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Not a good take here. The bank shareholders are NOT being bailed out. They will be wiped out. Depositors to be made whole via insurance the banks pay into vs taxpayer money.

Outrage should be directed at stock sales
/bonuses paid before the collapse. There needs to be a clawback of these funds.
In response to Jeff Tiedrich.
10:21 AM - Mar 13, 2023
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Rebecca E
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In response to Richard Sterling.
Outrage should be directed at #TFG and his republican cohorts who dismantled the protections in Dodd-Frank that would have prevented this in the first place.

Some of the most effective bank execs/lobbyists came from SVB. NO TAXPAYER $$$ are being used to make customers whole.
08:37 PM - Mar 13, 2023
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Agnes Lord
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In response to Richard Sterling.
I agree with some of your proposed solutions. But look carefully at "vs taxpayers" -- I understand that FDIC insurance methods involve minimal taxpayer funds -- that they broker deals with other banks to take care of it
12:29 PM - Mar 13, 2023
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John Haakenson
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In response to Richard Sterling.
One point on the bonuses. Without details it’s tough to know but over the years banks have moved to annual minimal COL adjustments (1-2%) but “pay for performance” bonuses essentially merit comp. The whole employee base gets their comp for last year in 1Q of the following.
11:01 AM - Mar 13, 2023
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