Sure, you can view this as a bailout of rich people. However, the bail out is also effectively being funded by rich people, so I don't really get what your com

Sure, you can view this as a bailout of rich people. However, the bail out is also effectively being funded by rich people, so I don't really get what your complaint is. Put another way, the depositors are being made whole by the FDIC's deposit insurance fund, which is in turn funded by the banking sector's insurance premiums. So, the money here is basically being taken out of the banking sector's shareholder pockets (read: rich people).