Submitted by Temperature_Foreign t3_123xz8m in wallstreetbets
Few-Degree3968 t1_jdxxnu7 wrote
Reply to comment by Random_Guy_47 in The economy in 2023 for dummies by Temperature_Foreign
even if we let the bank fail. The c suite will still get paid at least until the collapse.
Preferred Shareholders still get paid until the bank collapses and majority still get paid back afterward.
Bank goes under. Another pops up in its place. Probably under the same foolhardy management scheme that failed the first time around with identical overpaid assholes running it into the ground.
God save us all.
Viewing a single comment thread. View all comments