> (1) Shareholders aren't zeroed in a bailout If uninsured depositors took losses in the run on SVB, lots of other banks were going down too in the coming week

> (1) Shareholders aren't zeroed in a bailout If uninsured depositors took losses in the run on SVB, lots of other banks were going down too in the coming weeks. I think the argument is not that SVB is getting bailed out but investors in all the other poorly funded banks that won't fail.