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by tomato_123
1195 days ago
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"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. Stop lying. It's transparent and pathetic. |
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