And excellent breakdown of why SVB died and why they don’t deserve a bailout.
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https://www.axios.com/2023/03/11/silicon-valley-bank-paid-bonuses-fdic
Imagine thinking anyone at such as "institution" deserves a bonus with money owed to depositors.
Jail every single one of the fuckers involved. ( one can dream a banker be held responsible one day ).
Reminds me of my ( public ) university, where the administrative council would vote themselves big bonuses as the public-funded university was operating at a deficit.
You can't balance the books, yet you think you're entitled to more taxpayers' money for such a shit job?