I agree, and I have no idea how the "hold to maturity" accounting fiction is justified. It's very strange to me that we let a 200B bank use such different accounting rules than a 250B bank, and most other countries apply those rules to most or all of their banks.

This post facto trying to blame those exercising their fiduciary duty to those they advise, etc. to behave in ways in their own best interests for doing so is really weird. "Blacklist all the investors and directors who resigned" etc. being called for on Twitter.