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by markdown 1197 days ago
> SVB is insolvent primarily due to incompetence

And yet nobody knows who the fools running the bank were. We don't have their names all over the news. It's as if SVB was run automatically, with no humans at the helm.

The rich really get to destroy lives without consequence.

3 comments

The only people getting "destroyed" by this are shareholders in SVB.
You can go lookup up the officers of the company, if you want to burn them in effigy or something.

What are you really excoriating them for though? Destroying some capital? No one’s lives have been destroyed behind this mess

“Nobody knows” Oh really? How sure are you that the CEO’s name, stock trades, and employment history aren’t being repeated by every major news outlet?

He’s already being painted as bogeyman, even before anyone has proven that he has done anything wrong.