Re:Joint Statement by the Department of the Treasury, Federa...
by ChatGTP on Sunday March 12, 2023 @10:22PM
(#35130037)
We’ll because taking risks by definition means you could end up in a negative situation and so it should be more of a personal decision?
It seems like SVB took a risk and lost.
If the majority of Americans voted for SVB taking higher risks it would be understandable but now who comes up with the missing money ? The government, which is tax payers who are already probably getting the raw end of the stick financially compare to silicon valleys.
I think this bailout will see a lot of political backlash.
It seems like SVB took a risk and lost.
If the majority of Americans voted for SVB taking higher risks it would be understandable but now who comes up with the missing money ? The government, which is tax payers who are already probably getting the raw end of the stick financially compare to silicon valleys.
I think this bailout will see a lot of political backlash.