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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In response to Jeff Tiedrich.
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.
10:21 AM - Mar 13, 2023
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John Haakenson
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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.
In response to Richard Sterling.
11:01 AM - Mar 13, 2023
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