[HN Gopher] Senators Aren't Ready to Blame Themselves for Silico...
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Senators Aren't Ready to Blame Themselves for Silicon Valley Bank
Implosion
Author : mikece
Score : 9 points
Date : 2023-03-15 21:28 UTC (1 hours ago)
(HTM) web link (theintercept.com)
(TXT) w3m dump (theintercept.com)
| melling wrote:
| This has been brought up in business news several times and my
| understanding is that the rollback didn't affect the SVB
| situation. There was an initial claim, though.
|
| Politics, being what they are, usually means that if someone can
| be immediately blamed, the heat is on...
| ggm wrote:
| I wouldn't worry, there's plenty of blame to share around. But
| having said that, permitting lobbyists to successfully advocate
| for weakening the underpinnings rather does point at this cohort.
|
| They're eminently blame worthy. A failure in oversight is very
| hard to assign to anyone but the people who changed the basis of
| oversight requirements.
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(page generated 2023-03-15 23:03 UTC)