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>> They did nothing wrong, they followed the rules, ... Most people are willing to follow the rules for what is essentially 'free money'. If the reason things
by itronitron 4y ago
>> They did nothing wrong, they followed the rules, ...
Most people are willing to follow the rules for what is essentially 'free money'.
If the reason things don't work out for them is beyond their control that still does not mean they should be bailed out by the 99% of people who would never have used their product in the first place.
- kazen44 4y agoAlso, what about people losing their housing, financial security and destroyed their lives during the great recession? they also played by the rules. Why did they not receive a bailout, but SVB somehow does?
- theGnuMe 4y agoThe thing is, it wasn't beyond their control. It was a known unknown you could hedge. You know your account is not insured above $250k so you make sure you prevent the loss in the unlikely event that...