Yesterday, high-profile investor types declared that the govt should definitely bailout SVB. Now the govt are "refunding" the depositors, but not the sharehold

Yesterday, high-profile investor types declared that the govt should definitely bailout SVB. Now the govt are "refunding" the depositors, but not the shareholders. In what way is this a bad thing, if someone is willing to play the devil's advocate for a second? Either these high-profile investors only want to save their own asses OR they ostensibly have a bigger plan to rescue the banking system in some unbeknownst way. I'm interested in hearing the rationale for the latter.