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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: hclasvegas   😊 😞
Number: of 15070 
Subject: O/t, the bank hearings,
Date: 03/28/2023 8:03 AM
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''Lawmakers are likely to ask why repeated warnings about SVB's health never prompted action to prevent its collapse. 'It is not the job of supervisors to fix the issues identified; it is the job of the bank's senior management and board of directors to fix its problems,' Barr's prepared text said.
FDIC Chair Martin Gruenberg said in prepared remarks that the agency is investigating directors, officers and other parties for potential misconduct in the collapse of Silicon Valley Bank and Signature Bank.'' Shocking news, there might be, dirty deeds, involved. Go figure.
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