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It's not a bailout it's a backstop. All shareholders of SVB are done for.
by christkv 4y ago
It's not a bailout it's a backstop. All shareholders of SVB are done for.
- unity1001 4y agoBank bailouts in 2008 were not made to bail out 'the shareholders'. They were made to bail out the sunken assets inside the banks so that those banks could continue operating, including still 'having' the depositors' deposits. Because if the bailout was not made, all of those deposits would go away due to there not being assets enough to cover the deposits. That's what a bailout is. And this is precisely that.