News for hackers. Stuff that matters.
Re:Yellen says government will help SVB depositors but rules... by Khaine on Sunday March 12, 2023 @06:55PM (#35127576)
No. People don't want you to get special treatment. Your firm should have insurance to cover the deposits over 250K, or split the money across several banks. It didn't as such it should deal with the consequences. Which are it may not get all of its deposits back.

When a building company, building my house goes bust. The government doesn't step in to get someone to finish building it. When I order goods from a company and it goes bust, the government doesn't step in to ensure I get my goods.

There are no comments on this comment yet.