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by yazaddaruvala 1095 days ago
> but the reality is responsibility lies somewhere and that somewhere isn't in more FDIC insurance.

Yes, and this is why $20 BB from SVB investors, hit $0. The bank management and investors were did have to live up to that responsibility.

Should they have to do more? Yes. There should be compensation clawbacks from the C-suite over the last 5 years or something. Lets see where this goes.