re: Main Street is bailing out risky banks again; this time it's Menlo Park instead of Wall St

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this is fricking bullshite. everyone should be up in arms over this but instead most people are content with getting crumbs from our corrupt government table

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Yeah. And we have people obtuse enough to argue that these fees won't be passed onto customers. Most banks don't have 90% of depositors beyond FDIC limits like SVB did.

I understand the pragmatism on trying to draw a circle around SVB and trying to isolate it to prevent runs on other banks. But at some point we can't ignore moral and ethical concerns of having to bail out a bunch of wealthy institutions for making unnecessarily risky decisions.