(03-12-2023, 08:34 PM)Mick Wrote: My guess is that they had to move to guarantee the depositors because they couldn't find a bank that would be willing to take on the broadly mismanaged mess that is Silicon Valley Bank.
I doubt their officers will do jail time. Stupidity isn't generally criminal.
When the CEO sells $3.6 million in stock days before the bank fails, that could be a sign that something besides stupidity is at play.
https://www.wsj.com/livecoverage/stock-m...k956bOLaDD
When I registered here in 2014, TrumpCard seemed like an apolitical user ID...
