@ISIDEWITHQuestionseconomy2yrs ago

Should the government provide a bailout for Silicon Valley Bank?

In 2021, Silicon Valley Bank started purchasing long-dated higher risk assets in order to increase returns for customers. Over the next year that strategy backfired when the Fed drastically started increasing interest rates which lowered the value of the banks assets. In early March 2023, the bank announced they sold a large portion of its assets at a loss and would need funding. That news spooked depositors and led to a bank run. A few days later, regulators and the FDIC shut down the bank, pledged to make depositors whole, but would not bail out the management or investors in the bank. Silicon Valley Bank is considered to be the 2nd largest bank failure in US history.

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Answer Overview

Response rates from 331 Women's Equality voters.

41%
Yes
59%
No
27%
Yes
56%
No
14%
Yes, customers should be fully reimbursed but management and investors should be wiped out
3%
No, the bank should fail and customers should receive no more than $250k of their deposits

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Other Popular Answers

Unique answers from Women's Equality voters whose views went beyond the provided options.

 @99R564Y from Washington  answered…2yrs2Y

No, and nationalize the banks

 @99RZ6BF from Massachusetts  answered…2yrs2Y

yes,and no because they did fail but make them keep like 1.2 (*insert good amount of money*) dollars so they don't lose it or else nope

 @99RLBLT from West Virginia  answered…2yrs2Y

I am uneducated on this issue.

 @99RDMZQ from Wisconsin  answered…2yrs2Y

i have no idea??

 @99PXP2R from Minnesota  answered…2yrs2Y

Not too informed on the subject

 @7PTCG38 from Wisconsin  answered…2yrs2Y

No, the bank should fail and only customers (depositors) should be fully reimbursed by regulators and the FDIC

 @99T57VM from North Carolina  answered…2yrs2Y

no because its the feds fault in the first place and then the money would be coming from tax payers.

 @99SJRQ2 from California  answered…2yrs2Y

they should be penalized

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 @ISIDEWITH submitted…3 days3D

Israel Sinks Syria's Navy

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 @ISIDEWITH submitted…4 days4D

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A man is being held for questioning in connection with last week’s killing of a health insurance executive in Midtown Manhattan, the police said.The man being questioned was identified as Luigi Mangione, 26, the police commissioner, Jessica Tisch, said at a news briefing. He was identified in a McDonald’s in Altoona, Pa., after an employee recognized him and called the authorities at about 9:15 a.m. on Monday.Mr. Mangione was carrying identification with his name on it, along with fake I.D., according to law enforcement officials.Mr. Mangione showed the police the same fake New Jersey identification that the man believed to be the gunman presented when he checked into a hostel on the Upper West Side of Manhattan on Nov. 24, a senior law enforcement official saidWhen Mr. Mangione was approached in Altoona, he had a gun, a silencer and other false identification cards similar to those they believe the killer used in New York, according to one of the law enforcement officials and a person briefed on the investigation. The gun was described as possibly being a so-called ghost gun, assembled from parts purchased online.Mr. Mangione was also carrying a handwritten manifesto that criticized health care companies for putting profits above care, according to two law enforcement officials.Mr. Mangione is in custody on local charges, the official said, possibly related to presenting the fake identification to the police. He has not been arrested or charged in connection with the killing.New York police investigators are traveling to Altoona, in western Pennsylvania, about 280 miles from the city, according to one of the law enforcement officials.

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 @ISIDEWITH submitted…2 days2D

Border Bombshell: 8 Million New Arrivals Under Biden

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 @ISIDEWITH submitted…16hrs16H

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 @ISIDEWITH submitted…17hrs17H

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Congressional Democrats broadly denounced the murder of UnitedHealthcare CEO Brian Thompson Friday morning, after Republicans started accusing Sen. Elizabeth Warren of excusing violence.“No one's condoning this,” said Rep. Brad Schneider (D-Ill.). “Violence never is the right answer for anything. And it was a horrible murder, a tragic loss for his family.” Warren this week condemned the shooting, but added that people “can be pushed only so far.”"We'll say it over and over," Warren said on MSNBC’S “The ReidOut.” " Violence is never the answer. This guy [Luigi Mangione] gets a trial who's allegedly killed the CEO of UnitedHealth, but you can only push people so far, and then they start to take matters into their own hands."In a statement to POLITICO, Warren said, “Violence is never the answer. Period. I should have been much clearer that there is never a justification for murder.” Top Republicans denounced Warren's comments and the walked-back rhetoric, with House Majority Leader Steve Scalise (R-La.) calling it “inappropriate and dangerous.”Some House Democrats asked about the incident on Thursday pivoted the conversation to discuss policy options on health care or gun safety.“I don't really know that this is really a space that Congress normally weighs in on,” said Rep. Jasmine Crockett (D-Texas). “But at the end of the day, I think it’s an opportunity, because now people are talking about health care and to talk about the fact that this industry has honestly not been as helpful as it could be.”“Violence is never the answer,” said Rep. Troy Carter (D-La.). “We know that there are people suffering, there’s great challenges in healthcare. There's great challenges, and people have, in fact, been wronged, but a process of governance is the way to address that, not violence.”And Rep. Ted Lieu (D-Calif.) who denounced the murder, said the killer should be prosecuted and that “I do know that allegedly a ghost gun was used, and we should also ban ghost guns. There's no reason for them beyond the streets.”

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 @ISIDEWITH submitted…16hrs16H

Pete Hegseth Slams Gay Troops Policy

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