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IronLionZion

(45,380 posts) Mon Mar 13, 2023, 02:40 PM Mar 2023

Biden outlines consequences for SVB and Signature Bank executives

3 replies

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Biden outlines consequences for SVB and Signature Bank executives (Original Post) IronLionZion Mar 2023 OP

They got their bonuses. republianmushroom Mar 2023 #1

And I am sure they will get away with it too.... TheRealNorth Mar 2023 #2

When the story first broke there was information that the bank President had sold off most of his Chainfire Mar 2023 #3

republianmushroom

(13,494 posts)

1. They got their bonuses.

Reply to IronLionZion (Original post)

Mon Mar 13, 2023, 02:43 PM

Mar 2023

TheRealNorth

(9,471 posts)

2. And I am sure they will get away with it too....

Reply to republianmushroom (Reply #1)

Mon Mar 13, 2023, 02:55 PM

Mar 2023

Just like TFG- they will have to find some mythical proof that they knew the for sure the banks were going to fail and that is why they cashed out.

Unless your name is Martha Stewart, I don't see this DOJ going after these people too harshly.

Chainfire

(17,474 posts)

3. When the story first broke there was information that the bank President had sold off most of his

Reply to IronLionZion (Original post)

Mon Mar 13, 2023, 07:09 PM

Mar 2023

stock in the bank two weeks ago. It will not be good enough for him to have to pay the money back, he should be prosecuted for insider trading. The old process of making financial crooks pay back part of what they stole and get told not to do it again is bologna

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