logoalt Hacker News

petreyesterday at 7:55 PM1 replyview on HN

Sounds like the Silver Thursday all over again. I hope OpenAI ends up like the Hunt Btothers.

https://en.wikipedia.org/wiki/Silver_Thursday


Replies

enlythyesterday at 9:15 PM

> To save the situation, a consortium of US banks provided a $1.1 billion line of credit to the brothers which allowed them to pay Bache which, in turn, survived the ordeal.

It seems once you amass a certain amount of wealth, you just get automatically bailed out from your mistakes

show 2 replies