[–] daydream 3y ago ↗ Worth a read. The theory is that once SVP principles realized the ship was going down, they looted as much as they could on the way out?> If insiders want to walk away with money from their bank, all they have to do is make loans to a corporate entity they control, then default.Presumably banks have internal controls that make this at least a little hard to do. Right? Hopefully?
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[ 4.5 ms ] story [ 12.2 ms ] thread> If insiders want to walk away with money from their bank, all they have to do is make loans to a corporate entity they control, then default.
Presumably banks have internal controls that make this at least a little hard to do. Right? Hopefully?