There’s not much difference between that and the Do Kwan thing… except that one got bailed out and the other is in hiding.
SVB paid out bonuses hours ahead of their collapse. Blame it on Fed hikes all you want, but these people know exactly what they are doing and it’s for no one’s benefit but their own.
https://www.axios.com/2023/03/11/silicon-valley-bank-paid-bonuses-fdic
There’s not much difference between that and the Do Kwan thing… except that one got bailed out and the other is in hiding.
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