flexghost.Federal authorities are seriously considering protecting all uninsured deposits at Silicon Valley Bank
With your tax dollars
Here’s my proposal: fuck you, no.
Claw back the bonuses SVB gave staff HOURS before the collapse. Then we can talk.
David M Reiss MDPerhaps we need a new definition for what "insurance" means for those politically connected.
When I was screwed over by Countrywide in 2008, I was not in any manner "bailed out", AND when BofA took them over, they were given immunity - I had to drop my "slam dunk" legal suits being prepared vs Countrywide (I had massive documentation of their fraud) AND I had to eat the legal fees I paid to that point.
To those uninsured re: SVB, I politely offer, with appropraite Ts&Ps - GFY!
@DMRDynamics look how fast the USA forgot 2008