It was actually reported, but then "lost in the sauce" of course that SVB that Friday while preparing to cede control to FDIC had quote "just paid out bonuses to the board" in their final meeting that morning. The reporter was aghast, and the financial guy just rolled his eyes like it was normal.
BECAUSE IT IS. THESE ARE THE TYPES OF PEOPLE RUNNING THINGS.
^This right here.
It was actually reported, but then "lost in the sauce" of course that SVB that Friday while preparing to cede control to FDIC had quote "just paid out bonuses to the board" in their final meeting that morning. The reporter was aghast, and the financial guy just rolled his eyes like it was normal.
BECAUSE IT IS. THESE ARE THE TYPES OF PEOPLE RUNNING THINGS.