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I think that being angry with bailouts for people who don't need them is a lot more understandable than anger at hypocrisy. I don't think any taxpayer money wil
by fancyfredbot 4y ago
I think that being angry with bailouts for people who don't need them is a lot more understandable than anger at hypocrisy. I don't think any taxpayer money will go to rich VCs though, and I hope the losses on SVB's assets will be absorbed entirely by equity/bond holders.
- vgatherps 4y agoequity/bondholders are completely wiped out by this process I'm pretty sure