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re: Head Of SVB Effectively Lobbied Regulators For Lax Scrutiny….
Posted on 3/12/23 at 6:04 pm to Upperdecker
Posted on 3/12/23 at 6:04 pm to Upperdecker
quote:They were IN collapse. They awarded the bonuses on the day they shut their doors.
They didn’t just decide to randomly pay the bonuses immediately before collapsing
Mayb the CEO was feeling a little guilty after cashing $7M in options since Jan???
0
Posted on 3/12/23 at 6:12 pm to Toomer Deplorable
If SVB was given privileges/protections from scrutiny due to lobbying, then those bureaucrats and politicians that were involved need to be severely punished. Don't know how or what the punishment should be, but full audits of their assets should be on the table.
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