SVB Was A Bailout For Billionaire

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We have now learned the the Silicon Valley Bank bailout was a bailout for billionaires. The 10 largest deposit accounts at SVB held $13 billion. The federal bailout is going to cover every penny. If you had $300, 000 at Mom & Pop Bank and M&P Bank felled to meet their fiduciary responsibilities you can be sure that you’re out $50,000.

It is funny. when student need relief from their student dept, or when 500,000 people file for medical bankruptcy every year, there is no relief in sight. When the rich cooperate goons cry about their problems on Twitter the issue is resolved faster then you can say SCAM!

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