Yellen says government will help SVB depositors but rules out bailout
The lack of understanding here about how banks work is astounding. Are these the same people who feel it&#x27;s their God given right to &quot;move fast and break things&quot;?<p>Disruption is great. Too bad for the music industry. Too bad for journalism. Too bad for legacy taxi services, etc.  Disruption is great, except when it happens to you?<p>Aren&#x27;t we all here in the business of managing risk? Or, after a decade of cheap money, has it just become all lip service?<p>&quot;It&#x27;s not my fault!&quot;  [1]<p>This recession is going to be brutal, but it&#x27;s been a long time coming. Thank God money is going to start having value again.<p>[1] <a href="https:&#x2F;&#x2F;y.yarn.co&#x2F;9c4c1fa3-fb64-4132-b44f-7cde70eafd0f_text.gif" rel="nofollow">https:&#x2F;&#x2F;y.yarn.co&#x2F;9c4c1fa3-fb64-4132-b44f-7cde70eafd0f_text....</a>