noxx1234567 t1_jch0mc5 wrote on March 16, 2023 at 7:37 PM

Reply to comment by [deleted] in First Republic in talks with major banks about a rescue plan by Powerpuff_Rangers

That seems incredibly corrupt and unethical to bail out some bank depositors selectively , why are SVB depositors getting bailed out when others won't ?

Warmstar219 t1_jcirl85 wrote on March 17, 2023 at 3:03 AM

Because "too big to fail" is now a viable business strategy employed by those at the top.

Immortal-one t1_jciquqs wrote on March 17, 2023 at 2:57 AM

If this is anything like 08, the failing banks I buy stock in for hopes of a bailout and rebound will be the ones that don’t get bailed out and drop to zero

Office_glen t1_jckxp3v wrote on March 17, 2023 at 4:09 PM

> why are SVB depositors getting bailed out when others won't ?

because the depositors at other small banks don't lobby government