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A lot of people (including me) talk past each other in SVB threads. I think it’s important to differentiate:

- helping FDIC insured, helping businesses with a few million in deposits that want to hit payroll, VCs, and “billionaires” - rich people’s funds

- a bailout (using taxpayer funds) vs receivership to make depositors whole as possible

- a bailout of the bank itself (aka 2008). Bailout of the depositors. Just trying to prioritize business deposits over other depositors, etc

I suspect a lot of emotional disagreement is really more about not understanding what each other is really saying than anything else.



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