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Right there in the article. I guess not reading obvious text bolded is the hip new thing to do: > Small business depositors at Silicon Valley Bank should be ma
by cscurmudgeon 4y ago
Right there in the article. I guess not reading obvious text bolded is the hip new thing to do:
> Small business depositors at Silicon Valley Bank should be made whole. Regulators need to conduct a backstop of depositors. We are not asking for a bank bailout.
> Not interested in taking another spin on the “privatize gain, socialize loss” merry-go-round
Where are they asking for that?
Edit: And of course, downvoted. Lol.
- kelnos 4y agoThe two assertions, "depositors should be made whole", and "we are not asking for a bank bailout" are a bit... misleading? No, they are technically not asking for a bank bailout, but they are asking for a bailout.