Re:The World’s Empty Office Buildings Have Become a Debt Tim...
by yazaddaruvala on Monday June 26, 2023 @01:40PM
(#36483046)
The SVB investors which were many millionaires, did lose 100% of their investment.
The depositors, regardless of wealth, were lied to about the safety of their funds. It was roughly fraud - it wasn't their fault - they didn't take excess risk. How is it a bailout to let them keep their money?
The depositors, regardless of wealth, were lied to about the safety of their funds. It was roughly fraud - it wasn't their fault - they didn't take excess risk. How is it a bailout to let them keep their money?