5
atheist
1y

Anyone work for a company that banks with Silicon Valley Bank? Coz they've just gone bust. (They're basically a bank for tech startups)

Comments
  • 4
    No, we shouldn't bail they assholes out either.
  • 3
    @Demolishun I dunno, this is one of those times I'm kinda in favour of "some kind of" support, as it's a load of tech startups that'll lose their money coz most deposits are over the insured amounts. But yah, fuck the people that actually work at the bank. C suite have sold 3+mill of stocks in the last few weeks, so they knew what was coming.
  • 1
    in a society that values people a little more and profit a little less, it would be a good solution to just dispossess those "C-suite assholes" and take _any and all_ assets they have above the insured value of 250K and spread that money around the banks customers.
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