great callback. revenge on Jimmy Cayne for when genius failed. Dont forget it wa... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

banku_brougham on March 10, 2023 | parent | context | favorite | on: FDIC Takes over Silicon Valley Bank

great callback. revenge on Jimmy Cayne for when genius failed.

Dont forget it was Lehman that failed first, Bear got special treatment amongst the Citi, AIG, et al bailouts.

alex_young on March 10, 2023 | [–]

Bear was sold at a %90 discount (so not a complete loss) 1 week before Lehman failed.

Scoundreller on March 11, 2023 | | [–]

I was surprised when it was supposed to sell for $2 but then they raised it to $10 for some reason even though it was a zombie bank.

jen20 on March 11, 2023 | [–]

This is simply not true.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact