Comment Comment by bradleyjg That’s not true at all. The strategy is this:1) form a bank2) make imprudent investments, and offer better terms than other banks3) watch the deposits roll in4) collect fat bonuses every year5) fifteen years later, get taken over by the FDIC6) no need to return bonuses7) other banks want to hire executives from failed banks, go do it again somewhere else parent bradleyjg 3 years ago
1) form a bank
2) make imprudent investments, and offer better terms than other banks
3) watch the deposits roll in
4) collect fat bonuses every year
5) fifteen years later, get taken over by the FDIC
6) no need to return bonuses
7) other banks want to hire executives from failed banks, go do it again somewhere else