SVB does not deserve a bailout. They DID NOT hedge interest rate risk at all
What&#x27;s the point in having banks anyway. Why let the people in the bank earn anything if they are risking money that isn&#x27;t theirs and that the government will pay back anyway if they fail.<p>If banks are rescued from this, the only logical conclusion is that all banks should just cease to exist. Why should they get to play with what is effectively taxpayer&#x27;s money, since that is where the risk will be paid from if they lose?<p>Let it all fail. If you don&#x27;t let it fail, might as well go full on CDBC and revoke banks privilege and role in managing money. What&#x27;s even the point of having banks when the banks don&#x27;t really hold the risk themselves? Why have them as gatekeepers? They don&#x27;t deserve a single dollar earned from risk that they don&#x27;t hold.