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View Full Version : Moral Hazzard removed from Banking


MorTech
03-20-2023, 12:08 AM
Now is a great time to start your own bank....

SVB + FTX + SBF = WTF? - LewRockwell (https://www.lewrockwell.com/2023/03/james-howard-kunstler/svb-ftx-sbf-wtf/)

Why rob a bank when you can own one?

collie1228
03-20-2023, 08:48 AM
It's interesting that if you and I robbed a bank, we would be in jail awaiting trial, then could expect 20 years or more in prison. Not the same for bankers who blatantly mismanage their banks for personal gain (SVB) or people like SBF who stole millions, and get to live at Stanford University in their rich parents' home, under a bail agreement.