SVB does not deserve a bailout.
— Alf (@MacroAlf) March 11, 2023
A deep look at their financial statement reveals how horrific they were at risk management.
And in my opinion incompetence explains only part of it.
Moral hazard must have been at play.
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it's all a nothingburger
the startups should be able to sell their claims to uninsured deposits to some wallstreet hedge fund by monday and then make payroll
all these calls for bailouts and making depositors whole are just driven by VCs that are more concerned about their own bottom line than the "livelihoods of startup employees"
Some VCs (and bill ackman) are now quote-twitting random twitter accounts that have noticed
that First Republic Bank may be failing in an attempt to accelerate and precipiate more bank runs 
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