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Observer1's avatar

Can we please stop writing "SVB bankruptcy," when 1) SVB is not in bankruptcy and did not file for bankruptcy; 2) no bank has fled for bankruptcy; because 3) banks are statutorily ineligible for bankruptcy relief.

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Thomas L. Hutcheson's avatar

I prefer "bailout" for cases where those that caused a problem are rewarded for it [Jaime Diamon being to poster geezer for this phenomenon]. In SVB the stockholders and executives lost everything, "pour encourager les autres."

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