I would like to know why SVB depositors should be made whole. These aren't retirees whose savings got wiped out. These are literally just a bunch of Silicon Valley VC fucksticks who have been happy to violate our privacy, sell our data, and manipulate our dopamine response systems to make us hate each other. FUUUUCK THEM
Discussion
As much as I may agree with the sentiment, the banking rules, woeful as they may be, should at least be enforced uniformly.
They get their FDIC 250k and that is it.
That part, I get. I’m unclear as to whether, traditionally, those with more are treaters as creditors. Do you know?
That’s $250,000 per depositor