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A comment on Yellen says government will help SVB depositors but rules out bailout. Parent comment

Re:Yellen says government will help SVB depositors but rules... by idopmstuff on Sunday March 12, 2023 @01:31PM (#35123181)
But is that a good thing for society? Adding a rent-seeking middleman that doesn't actually contribute anything except a technical workaround for an issue that can be solved directly by the governemnt?
[ Parent | on HN ]
Re:Yellen says government will help SVB depositors but rules... by scottLobster on Sunday March 12, 2023 @01:34PM (#35123233)
It's called risk management, it costs money and it's something anyone running a business should be familiar with. Don't run your company like a multimillion dollar lemonade stand.
[ Parent | on HN ]