Silicon Valley Bank Failure

@wildgrass said
No that's not what I wrote. If a big bank fails, the government will be forced to bail them out, so depositors will get their money back.

Small banks would not receive such preferential treatment by the government, and would be allowed to fail and go bankrupt.

At least that's what happened last time.

Now the big banks are bailing out the smaller banks. They deposited a lot of money in some of those banks and it is not insured since it is billions. That is very unusually generous for banks who usually want something in return.

That tells me they were very concerned it would affect them later if they did not help those banks. They were scared of what would happen to themselves if they didn't come to the rescue. Really scared!

@metal-brain said
Now the big banks are bailing out the smaller banks. They deposited a lot of money in some of those banks and it is not insured since it is billions. That is very unusually generous for banks who usually want something in return.

That tells me they were very concerned it would affect them later if they did not help those banks. They were scared of what would happen to themselves if they didn't come to the rescue. Really scared!

History repeats itself; JP Morgan and the big New York banks acted similarly in 1907.https://en.m.wikipedia.org/wiki/Panic_of_1907

@no1marauder said
History repeats itself; JP Morgan and the big New York banks acted similarly in 1907.https://en.m.wikipedia.org/wiki/Panic_of_1907

Are you claiming big banks bailed out smaller banks expecting nothing in return for it in 1907?

@metal-brain said
Are you claiming big banks bailed out smaller banks expecting nothing in return for it in 1907?

Learn how to read before you bother to answer any of my posts from now on.

@no1marauder said
Learn how to read before you bother to answer any of my posts from now on.

I am not going to read all of that when you can simply answer the question.
Since you are being difficult like a child throwing a temper tantrum I will assume the answer is no. When banks bail out other banks exposing themselves to risk they otherwise would not and expect absolutely NOTHING in return that is unusual and I doubt that happened in 1907.