Silicon Valley Bank Depositor Bailout Makes Mockery of ‘Too Big to Fail’
Chris Hayes on Twitter:<p>&gt; These billionaire VC&#x27;s started a bank run on their own bank and then <i>immediately</i> pivoted to screaming for a government backstop. Incredible stuff.<p>&gt; It&#x27;s really not even clear SVB was in such terrible shape on the merits. Was def squeezed, for sure, but really looks like their little group chat knocked it over!<p><a href="https:&#x2F;&#x2F;twitter.com&#x2F;chrislhayes&#x2F;status&#x2F;1635136751516938240" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;chrislhayes&#x2F;status&#x2F;1635136751516938240</a>