Re:Silicon Valley Bank unmasks the hypocrisy of libertarian ...
by mehlmao on Wednesday March 15, 2023 @10:36AM
(#35168919)
North of $250,000 it's a bet. If you're Roku and you have hundreds of millions of dollars in a single bank, that's absolutely a bet. Companies can get private insurance to cover money in excess of the FDIC, but they didn't. And now no one will, because billionaires know they can threaten bank runs and violence to get bailed out.
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