SVB did indeed get a bailout.

Cory Doctorow explains:

https://doctorow.medium.com/svbs-investors-will-get-2b-in-public-bailout-money-1125861246ed

Claims that it wasn't a bailout are disinformation to protect the wealthy.

#bailout #SiliconValleyBank #SVB #SVBBailout #banks

SVB’s investors will get $2b in public bailout money

This Monday (Mar 20), I’m doing a remote talk for the Ostrom Workshop’s Beyond the Web Speaker Series. We were told that the Silicon Valley Bank bailout wasn’t a bailout: in a bailout, it’s the…

Medium
US financial system is a Ponzi scheme. It has billions of dollars to support a war and bailout failed banks but no money to support middle class Americans with no real benefits and jobs! #SVBBailout #SVB
Yes, this is Medicare for All Bank Deposits, rather than Medicare for All People. But if we think this through, we’ll see that both these things are great ideas and make sense for the same reasons. #SVBBailout https://theintercept.com/2023/03/13/silicon-valley-bank-bailout/
Hooray, We Now Have Medicare for All (Bank Deposits)!

The bailout of Silicon Valley Bank’s depositors means every dollar in U.S. bank accounts is insured by the federal government.

The Intercept
Good thing Democratic senators like Tester, Warner, and Manchin worked with the GOP to block Biden nominees Saule Omarova and Sarah Bloom Raskin, because those ladies believed we needed to strengthen banking and climate regulations, crazy
#svbbailout
#cawx

Governor Newsom wouldn't be cheering on this bailout, if he didn't think he could get something out of it…

Shameful!

#svbbailout #SVBCollapse #svb_financial

Banks worked with Big Oil and the GOP and enough D senators to tank the nominations of Saule Omarova and Sarah Bloom Raskin, who would've regulated the banking industry both on traditional risk and climate risk and to protect the interests of working people.
#SVBbailout
i've never lived in silicon valley but my career never would have been the same without the things that came out of there. i ran a bunch of facebook pages and blogs for a PR firm as my first grownup job, then i did wordpress sites, then i did social media 2014-2020, then i went toward industrial automation. in many ways my ability to participate WITHOUT being there is wholly due to social media and virtual stuff. is tech perfect? no. is all of that what i wanted to be doing? yes. #SVBbailout