Thunderous Prophet 🦕
Gee...it's almost like we didn't learn a thing 15 years ago about the banking sector's inability to regulate themselves.
Mar 13, 2023 at 1:56pmWeb
Show threadLibertyForward1Mar 13, 2023
@ThunderousProphet Does humanity.. ever learn from history??
Show threadScottinSoCal 🇺🇦 🕊 🏳‍🌈Mar 13, 2023

@LibertyForward1 @ThunderousProphet

Learn? What is this learn of which you speak?

Show threadLibertyForward1Mar 13, 2023
@ScottSoCal @ThunderousProphet Touché
Show threadThunderous Prophet 🦕Mar 13, 2023
@LibertyForward1 "Those who cannot remember the past are condemned to repeat it." - George Santayana
Show threadDennis CroskeyMar 13, 2023
@ThunderousProphet
The bankers learned that the bigger their screw-up, the more likely they are to get bailed out.
Show threadNancyAnnMar 13, 2023
@ThunderousProphet
WE learned. Trump changed the Dodd-Frank regulations after being lobbied BY THIS BANK.
Show threadanubis2814Mar 13, 2023
@ThunderousProphet The one thing you learn from history is no one learns anything from history.
Show threadLaura quigleyMar 13, 2023
@ThunderousProphet https://www.newsweek.com/trump-era-roll-back-bank-regulations-resurfaces-amid-svb-collapse-1787112
Trump Era Roll Back of Bank Regulations Resurfaces Amid SVB Collapse

The former president in 2018 rolled back requirements for banks of certain sizes to be stress tested by the Federal Reserve.

Newsweek
Show threadMJ MuseMar 13, 2023
@ThunderousProphet greed kills CEOs should pay not us