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LAUREN<p>Wall Street Mantra: It is better to ask forgiveness than permission.</p><p>Banking Regulators: You're forgiven. Carry on.</p><p><a href="https://mstdn.social/tags/SBV" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SBV</span></a> <a href="https://mstdn.social/tags/BailOut" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BailOut</span></a> <a href="https://mstdn.social/tags/Banking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Banking</span></a></p>
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#sbv
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David Golumbia<p>Elizabeth Warren: "it’s critical that those responsible not be rewarded. <a href="https://mastodon.world/tags/SBV" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SBV</span></a> and <a href="https://mastodon.world/tags/Signature" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Signature</span></a> shareholders will be wiped out, but their executives must also be held accountable. ... Congress should empower regulators to recover pay and bonuses. Prosecutors and regulators should investigate whether any executives engaged in insider trading or broke other civil or criminal laws." <a href="https://www.nytimes.com/2023/03/13/opinion/elizabeth-warren-silicon-valley-bank.html" rel="nofollow noopener" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2023/03/13/opinion</span><span class="invisible">/elizabeth-warren-silicon-valley-bank.html</span></a></p>
LAUREN<p>So we're bailing them ALL out. <a href="https://mstdn.social/tags/SBV" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SBV</span></a> <a href="https://mstdn.social/tags/BankRescue" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BankRescue</span></a> <a href="https://mstdn.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FDIC</span></a></p>
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