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A comment on Urgent: Sign the petition now. Parent comment

Re:Urgent: Sign the petition now by fallingknife on Saturday March 11, 2023 @07:04PM (#35114306)
I have an idea. The startup depositors are made whole in exchange for the FDIC receiving shares in the company that dilute the VCs in an amount depending on company valuation and balance lost. This way you bail out the small business and make the VCs pay.
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Re:Urgent: Sign the petition now by ashwagary on Saturday March 11, 2023 @11:21PM (#35116639)
It would be safer for all if the FDIC sticks to what it does best and doesn't take on additional risk outside its mandate as a favor to irresponsible businesses.
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