User's avatar
⭠ Return to thread
Shri Shahapurkar's avatar

Lynne I'm tired of conversing along party lines, I just don't do it. We've debated here in the past and looks like you're okay going that. You're making some assumptions here, criticizing the roll back of prudent regulations is not the same as asking for more regulations or making regulations the answer all. The higher interest rate were necessary to combat inflation and SVB being a financial institution should have shuffled their investments but were free to be reckless because they didn't have any guard rails anymore. I absolutely don't agree with the bailout but the ramifications of not intervening would've been worse given how the herd panic works. The government is also made up of humans we can be a Monday morning quarterback all we want but being in public service is a sacrifice. It's hard to regulate with the polarization in politics and the ever scorching public eye.

Expand full comment
Lynne Morris's avatar

Shri, your holier than thou is tedious. But you have played true to form. When you can't use your words anymore, blame the other person. Conversation over.

Expand full comment
Shri Shahapurkar's avatar

Look in the mirror for a change and be open minded. Thanks though I know not to respond to small minded people like you.

Expand full comment