alt Hacker News> If the bank has trouble, shareholders/executives lose - if the banking system has trouble... then QE will solve the bank trouble
It's a game of chicken, though. The folks at Lehman and SVB didn't cash out. JPMorgan did. (Both times. Actually, all of the times since 1907.)
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wbl • today at 3:10 AM
JP threw his own money on the table . Silicon valley's VCs whined for bailouts.
Jamie pull up the JP Morgan titanic conspiracy theory
https://www.history.com/articles/titanic-sinking-conspiracy-...