> this isn't then an example of "greedy bankers", more like "lazy bankers" or possibly even "unforeseeable circumstances".
A distinction without a difference. They made bad decisions for whatever reason, or they got unlucky for whatever reason, or some combination of the two. That's why companies go out of business. They are not special.
We distinguish intent all the time for various legal reasons, and if something done for the right reasons goes wrong, the empathy is certainly more readily available.
I have yet to see any real reason to suggest this was anything other than a blunder. A relatable one too, as nobody in 2021 thought the fed would have to hike interest rates at the rate they have since.
A distinction without a difference. They made bad decisions for whatever reason, or they got unlucky for whatever reason, or some combination of the two. That's why companies go out of business. They are not special.