> I'm sorry, but it is a fact of banking that you can never, ever, admit to havi... | Hacker News

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ralph84 on Feb 1, 2021 | parent | context | favorite | on: Why Robinhood disabled buys but not sells

> I'm sorry, but it is a fact of banking that you can never, ever, admit to having liquidity issues. If it triggers a bank run, then the firm is dead, and, notably, not only the employees and managers of the firm suffer, but also the clients

I'm sorry, but "we lied to you for your own good" is still lying.

ddingus on Feb 1, 2021 [–]

Why be sorry?

Fact.

Conflating an explanation that says why a lie was necessary somehow with the idea of that making it all not a lie happens a lot.

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