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Look at Silicon Valley Bank that was also "too big to fail" and when it did the taxpayer had to bail it out. If something is too big to fail, it's too big, the
by s_dev 1mo ago
Look at Silicon Valley Bank that was also "too big to fail" and when it did the taxpayer had to bail it out. If something is too big to fail, it's too big, the regulator should have stepped in earlier to chop it up.
- charlesabarnes 1mo agoNit:Taxpayers didn't have to pay money for the bailout. FDIC is an insurance program with premiums paid by banks