Comments

You must log in or register to comment.

_WhaleBiologist t1_jc1f4bb wrote

He wasn't a fiduciary. FTX wasn't a bank. SVB didn't fail because of crypto.

If you're gonna circlejerk at least do it right.

81

mechapoitier t1_jc1vy7v wrote

Yeah that’s a lot of work to misunderstand that fiduciaries are one of the least unethical type of banker

40

yasuewho t1_jc2bfgr wrote

I was going to say the same. Be aware that the word fiduciary is not the same as a banker. It's the term used in investing for those who register for it; a fudiciary is legally required to give investment advice that is in their client's favor rather than their own commission or the firm's. In the US, there are rules about how to become a fudiciary. and it doesn't suit this scenario.

It's a clever piece and beautifully executed. I just don't think the word works here because it has no relation to the subject.

26

cote112 t1_jc2llwv wrote

People get "financial advisor" confused with "fiduciary" too.

Fiduciaries are friends, is a fun way to remember.

7

DarkGlum408 t1_jc0elwj wrote

Can you please do his fellow alumni Elizabeth Holmes next or SVB?

56

travischapmanart OP t1_jc0hb6u wrote

I have thought about an Elisabeth Holmes painting. Honestly just found out about svb

24

newbies13 t1_jc0k8b1 wrote

Not sure I get the message. Aren't fiduciary's legally bound to act in your interests compared to your typical finance planner? But this seems to be putting them in a negative light.

55

SixethJerzathon t1_jc149n2 wrote

People on reddit circle jerk to the term fiduciary while simultaneously forgetting Bernie Madoff was a fiduciary....just look at the people commenting here.

21

KanyeDeOuest t1_jc2bgx5 wrote

Yes, and what Madoff did was illegal and got served 150 years in prison. I.e, not acting as a fiduciary.

16

indypendant13 t1_jc0uhi1 wrote

Came here to say the same. A fiduciary is exactly the opposite of what OP thinks it to be. What we need are more fiduciaries and fewer everything else financial.

11

inelasticplastick t1_jc13atp wrote

but fiduciary is different from fidoucheiary

6

travischapmanart OP t1_jc143dc wrote

Yes they are wildly different because the word douche. that’s indicates the person managing the money is unscrupulous.

1

javaargusavetti t1_jc1l6gy wrote

I get it its a play on words, for the term for the good one, to come up with a similar sounding term for the bad one. I think people’s initial reaction is that the intent is to sling mud on the good one

7

newbies13 t1_jc3s2rr wrote

If that's the angle you're going to go with, then the art could be literally anyone. As anyone can be a douche. I don't think that's what you're saying though, I think you didn't bother to lookup what a fiduciary is, giggled when you realized it had douche in there, and tried to cash in on some of that sweet bankers are evil karma.

You could just own that, but I guess even people with paintbrushes can be douches.

0

Greedyanda t1_jc13q4i wrote

As subtle as a truck crashing through your wall.

17

travischapmanart OP t1_jc13vmm wrote

That’s the level of subtlety I was going for.

6

rrrrpp t1_jc2s3qq wrote

Illustrated an astonishing level of lack of understanding of the world around you as well. Well done, pretty picture

5

wolamute t1_jc0l6qr wrote

Fiduciaries aren't the bad guys though, they're obligated to operate in your best interest, not their own.

14

[deleted] t1_jc1nu2v wrote

[deleted]

−1

wolamute t1_jc2fdam wrote

Lol that website couldn't possibly be owned by a financial advisor trying to convince you one criminal is indicative of a broad problem with all fiduciaries.

0

[deleted] t1_jc23rnh wrote

Whyd you sign your name twice, did you forget you did it the first time, or just "dare to be different" narcissism?

4

HolisticHolograms t1_jc2kvl1 wrote

He is both the pig beside a “person that deserves their money” and the earth beneath us all.

0

baco-dionisio t1_jc1smxj wrote

It has a really calming and nostalgic vibe

0

spartacus_zach t1_jc1x0gz wrote

People caught in the semantics lmao. Just enjoy the quick laugh.

0

Dagamoth t1_jc22ww6 wrote

Banker Financial Terrorist FTFY

0

Grumblord t1_jc23sc6 wrote

Seems a little anti semitic

0

RickyTheSwing t1_jc3pv2c wrote

Hmm never thought about this before. I work as a bank teller, is that why everyone comes in pissed at me? Do they think that because I'm associated with a bank I'm making plenty more than the $15/hr I actually make?

0

TehOuchies t1_jc17bpx wrote

They are only human. And humans are easily corruptible. Even those that are supposed to act in your best interest by law.

There are many more positions outside of them that are supposed to act in your best interest and all of them are also corruptible

−1

travischapmanart OP t1_jc185yi wrote

Yes, otherwise you could just make politicians pass the fiduciary exam, and none of them would be corrupt problem solved

4

Kuwing t1_jc2bdtk wrote

Man the whole the are only human arguement seems so hard to digest when they were robbing people from the get go.

3