"Small business depositors at Silicon Valley Bank should be made whole."
Don't beat around the bush. You are asking for these depositors to be bailed out. "Depositors" is a weaselly way to say "companies that my friends and I have major equity positions in."
If these are great businesses, they'll find financing. Current equity holders will suffer a loss. That's how it's supposed to work. Eat your lumps and don't go begging for a bailout for your foolish risk taking and lack of due diligence.
Understandably you're trying to maximize the value of the equity that you and your friends own. But it's a bad look to pretend this is about workers paying their mortgages. If that's what you cared about you'd be signing a petition for mortgage forbearance or some other direct-to-worker bailout.
However you feel about the situation you have to admit there is a massive conflict of interest here. You have a clear financial incentive to have the American people bail out the companies you invest in.
Don't beat around the bush. You are asking for these depositors to be bailed out. "Depositors" is a weaselly way to say "companies that my friends and I have major equity positions in."
If these are great businesses, they'll find financing. Current equity holders will suffer a loss. That's how it's supposed to work. Eat your lumps and don't go begging for a bailout for your foolish risk taking and lack of due diligence.
Understandably you're trying to maximize the value of the equity that you and your friends own. But it's a bad look to pretend this is about workers paying their mortgages. If that's what you cared about you'd be signing a petition for mortgage forbearance or some other direct-to-worker bailout.
Stop lying. It's transparent and pathetic.