BAILOUT – The Bailout of Venture Capitalists and Startups @ Silicon Valley Bank
Comes now the sordid tale of Silicon Valley Bank which failed spectacularly last week triggering the Biden admin to BAILOUT their donor class pals in the venture capital and startup world under the authority granted to the Federal Deposit Insurance Corporation to deal with “exceptional” situations that present a “systemic risk” to the entire banking system.
“Come on, man, you thought we were going to let our pals in the VC and startup world play by the rules? Oh, ye, of little faith. Get out of here.”
