I think the outrage would be for/at all the -other- bankers who made the same poor decisions but now still get to keep their bonuses and jobs due to the new Fed Backstop lending. SVB lost their pound of flesh but the rest (or most) are getting a free pass. We still have to see how the first republic bank run plays out... but according to some other comments which I can't find right now, there are more than just these two banks which have heavily exposed themselves to rate risk.