That is give free money to everyone involved? #misc https://www.wsj.com/livecoverage/stock-market-news-today-03-10-2023/card/silicon-valley-bank-ceo-sold-3-6-million-in-shares-days-before-fatal-loss-disclosed-6re8L8VDWjk956bOLaDD
Hell no
The federal government should just buy them. Let's socialize profits for once instead of just the losses.
No
Yup, if industries like banking, auto, and airlines are “too big to fail” and require some kind of government intervention once a decade, then the people should benefit from their tax money going towards propping up these weak companies.
Does bailing it out mean my company survives and doesn’t lose clients so I get to keep my job? If so, yes.
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Depositors did nothing wrong here. They put cash in a bank.
Incorrect, VCs caused the bank run. The books weren't even that bad.
They put more than the insured amount of cash in a bank. If the bank makes dumb decisions the money is gone. This is how it works. We can’t privatize profits and make losses public.