Ah-hem SVB?
SVB was not bailed out. Depositors were made whole (as they should be), but shareholders were completely wiped out (as they should have been).
My point exactly.
An outlier in historical terms (i.e. the last 20 years)
https://projects.propublica.org/bailout/list
SVB was not bailed out. Depositors were made whole (as they should be), but shareholders were completely wiped out (as they should have been).
My point exactly.
An outlier in historical terms (i.e. the last 20 years)
https://projects.propublica.org/bailout/list