Reports: SVB employees siphoned annual bonuses before collapse | Latest World News | WION

[@hairyjohn5825]

They know how to look after themselves!

[@biomanization]

No mention that CEO sold $3.6 million of stock two weeks before the equity collapsed. They should investigate insider trading by the CEO and CFO, and clawback their gains

[@williamryan9195]

That money is safe and off shore somewhere. What money???

[@jameylane1591]

It was scheduled, all he had to do was delay the announcement that caused the collapse.

[@Jocky8807]

It was actually 4.4m$. Well done ceo. 👏👏👏

[@nataliev.149]

Sue them

[@fdisciple7634]

"No one expected interest rate to go up" he says. Really ? Have you been living under a rock ?!!?

[@tnijoo5109]

$140,000 bonus? 😢

[@vickycameron632]

Ya as a senior architect in NYC after 37 years of work I got a bonus, lucky me, $5000 and all I got was $3200 after taxes. Oh shit I can buy a house with this bonus!!!!!NOOOTTTTTT

[@gerwyntiberius1918]

Should outlaw gambling on the stock market with peoples money.

[@spartan5816]

They invested in 30year treasury bond, not in stock market

[@aerohk]

SVB treats its employees well

[@ferndawg1111]

😆

[@darrella5057]

Everyone is held accountable for their action...

[@missyleah]

They should not be getting bonuses for a bank that failed. Their bonuses should be based on the health of the bank. If it's failing...their not doing their job.

[@xorrior4438]

Get those bonuses back!

[@ganados0]

Shocker.

[@cerebralstud68]

AND NOBODY WILL GO TO JAIL!

[@ericagraydon6220]

Bonuses were planned in advance based on performance in a prior year. Many of us were everyday hardworking people who had nothing to do with the bank's failure. So many people on the outside want to burn all SVBers at the stake. It's amazing how so many of you are "after the fact experts" on what you THINK happened giving opinions on circumstances so ignorantly. I mean many of us who actually work there don't even know what happened. Yet, so many people who never worked there all of a sudden does? I just pray many of you are never faced with this situation...we certainly never thought we would be.

[@Seanpfree]

😯 shocked face

[@godzillamothra5983]

simply amazing, the world must be foolish to keep using dollar

[@isaacelinamspielberg5752]

Americans never ceases to amaze us with fraudulent activities. Congratulations 😂. From Sam bank-man to SVB. What next ?

[@jameylane1591]

It was scheduled already so they likely delayed the collapse to allow it.

[@ronaldmurphy2419]

exactly

[@adolforios6285]

If the bonus was planned a year in advance, I don’t mind working people getting a bonus if they actually work. The fed caused this crash, not any type of fraud. What are we going to do, take away working peoples bonuses to pay back poor billionaires? That sounds absurd.

[@Horne_Baka]

Don't give them any ideas....

[@nosuchthing8]

The bank caused the crash, not the fed

[@TaiMega]

I wonder what diversity looked like at this organization

[@heavenmag5838]

A spec of fentynol on paper money can kill ya, if this the money production isn't held properly we are all doomed

[@hanskasper6305]

Put there executive staff in jail they had no Business giving bonuses when there lossing money there is no bonus.

[@सिनियरसिटीजन]

Why george soras not helping his country America?? And wasting lots of money in India

[@theaborigine1119]

Time to Short American Economy?...2008 again...

[@stephengneri2136]

siphoned? so the employees can acces the accounts that held the money to pay the bonus. never heard of any company where emplyees siphon of the money. thats call fraud. lousy journalism.

[@mattblom3990]

These bankers face no consequences from their firm or their clients. The taxpayer always bails them out, so they will engage in terrible financial decisions because they are not accountable for the consequences.

[@rajeswarikannan430]

Bonus needed for collapsing a bank, drowning startups?

[@iancoles1349]

Course they did and they should be held accountable stinks freeze their accounts aswell till investigated.Shame come on America u better than this

[@kizitopeterson8366]

What sort of poor report is this from WION?

[@jameylane1591]

They didn't ladder their bond portfolio.

[@blizzred2143]

Yet people screaming BAIL THEM OUT LOL 🤡😂

[@bryansmith9231]

Maybe a good thing for some, only the big, not the small?

[@Hermit_of_the_Holler]

Funny...shows ZERO comments...but, when you click on comments....look at them all. Hmm...🤔

[@heavenmag5838]

R you all on Rumble we need yall for American news

[@jjbdbd8279]

Smart asf😂😂😂

[@YoZen_Azken]

These US businesses wants to destroy Indian Startup they dont know Indian like Knowledge more then money. For Indians Knowledge is money.

[@fredrickonjiko391]

Bring Trump back

[@samf2914]

Of course hand helps other hand! Government helps the big boys But if you are late paying your Mortgage they will put you on street.

[@Patd196401]

This report makes no sense. What garbage.

[@billcarson818]

Care to elaborate?

[@DoreenBellDotan]

I'm sure this woman is immensely talented in journalism or she wouldn't be part of the WION team, but she is not a very good anchor. Please transfer her to an equally paying job behind the cameras.

[@farhanabdulhamid4214]

TNX GOOD business ok thanks good Demacarsy okay invest okay TNX GOOD

[@missyleah]

Make them pay the bonuse back.

[@ganeshm5166]

Funny if they target adani Karma targeting their bank

[@gordtron]

can't wait to see what other businesses sink because of hiring diversity rather than through merit.

[@RK-um9tu]

funny how all these people are white and mostly white males... incompetent white men have ruined this country.

[@gordtron]

@@RK-um9tu what all have the whites destroyed? i'll bet you can't come up with a list that will be able to even shadow what all white people have created. whites are the top creators of all. diversity and inclusion is weak and destructive and will continue to wreck all that it touches. looking forward to your examples, thanks for sharing your perspectives.

[@charlesbellon5694]

Evil is good good is evil 😂😂😂😂😂😂

[@joeking6362]

Hahaha lololol theses greedy she's bled the bay area good they lose a little