What is with all these billionaire fund manager begging the Fed to bail them out of the SVB liquidity crunch?

Moral Hazard continues until it doesn’t.

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Discussion

I vote for more 50 bps rate hikes.

https://void.cat/d/P9koVJt5FutmGX1cb6Wvq3.webp

What’s with all these weird internet people defending the billionaires?

But also I hope DoorDash was spared because they’ve lifted the bar for all humanity