3 ms·
> > I just don’t understand why folks on the internet are so passionate about the depositors being hit by this Well if you want to go down to the nitty gritty
by JumpinJack_Cash 4y ago
> > I just don’t understand why folks on the internet are so passionate about the depositors being hit by this
Well if you want to go down to the nitty gritty of it, depositors are competitors for stuff, especially in San Jose and San Francisco where every square inch of stuff (any stuff) is super-expensive.
The ones complaining and taking time to argue against any involvement of govt. in SVB are people and institutions who didn't hold any funds in SVB but think or have reason to think that their competitors do