>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 bailou

>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. From where would the money come from, US taxpayers? How is this different from asking for a bank bailout? > Longer term, Congress should work to restore stronger regulatory oversight and capital requirements for regional banks, and any malfeasance or mismanagement on the part of SVB executives leading to this failure should be investigated. SVB execs successfully lobbied congress to lighten banking regulations affecting them [0]. Their C sold millions of stock the week prior to insolvency (yes, these sales were scheduled in January, but execs would have been well aware of the impending liquidity crisis at the time) [1] They also paid bonuses to staff hours before the FDIC shut down the bank [2]. I cannot sign this petition in good faith knowing the above, at least without these questions being answered: what is the mechanism through which depositors can be backstopped without bailing out SVB? What would be the source of this money? How does the ask differ from a bank bailout? [0] https://www.theguardian.com/business/2023/mar/11/silicon-valley-bank-weaken-risk-regulations-svb https://www.theguardian.com/business/2023/mar/11/silicon-val... [1] https://twitter.com/unusual_whales/status/1634555021487480834 https://twitter.com/unusual_whales/status/163455502148748083... [2] https://www.cnbc.com/2023/03/11/silicon-valley-bank-employees-received-bonuses-hours-before-takeover.html https://www.cnbc.com/2023/03/11/silicon-valley-bank-employee...