Why? They took on direct financial risk. They are "sophisticated" financial actors unlike the general public, with access to professional advice on managing the

Why? They took on direct financial risk. They are "sophisticated" financial actors unlike the general public, with access to professional advice on managing their risk profile. I think it would be better for the economy and the long-term prospect for American innovation to ensure a robust start-up sector, and thus support the current plan to cover the banks deposits (and probably make a profit at doing so, so won't even cost taxpayers). But I don't think these companies have any sort of "moral right" to their deposits against the interests of the rest of society.