When the future cannot be predicted accurately, it may be wiser to prioritize making prudent decisions that benefit everyone, rather than seeking retribution against wrongdoers. It's important to consider that both bank shareholders and senior management could face significant losses and lose their positions.

No, they don’t know about the risks and they’re shouldn’t be any to the depositors. Banks are highly regulated institutions and the creation of the FDIC was intended to prevent a systemic bank run, with people shoving cash into their mattress. This is precisely what would’ve happened had SVBs depositors taken any form of haircut.

Why? It's completely unnecessary that bank deposits should face this much risk.

To play devil's advocate:

Toilet paper consumers should know the risk of not having 30 rolls of toilet paper stashed at all times and should face the consequences for that risk.

That’s pretty extreme. There’s plenty of blame for SVB, but the depositors? That’s victim blaming.

He should have used someone else's money.

We're not bailed out if we're under $250k.

The US has over $9tn of deposits and the entire FDIC insurance fund is only $121bn, which is less than the total assets of SVB alone. FDIC insurance can cover a few bank failures, but not dozens.

What about your employer? Would they still have money to pay you?

If your employer doesn't pay you, then you find a another job.

Bold of you to assume that work will be available to you.

The alternative is the rich forever get bailouts.

This isn’t bailing out the rich this is businesses. If you want businesses to not exist, fine. I suggest you find some communist utopia and go live there.

One of these times where you can see how the concentration of quality reasoning on HN decreased with time and popularity. People think hurting businesses will not affect them. Incredible.

You're right, this place is just Reddit now.

For those who don't understand, "Torrent" is the name of an important character in the game.

It's the name of the players horse.

I'm guessing that the poster avoided clarifying that because it's a spoiler.

I went into this game blind (while being a from soft games fan) and I was gladly surprised by this feature since it's something new in their games.

I upgraded my ram in my 2014 air and it is running like a champ!

Yeah mine has 4 gigs which is pretty lean. But it’s soldered on so no upgrade for me!

You can see the old link on Google still https://www.google.com/search?q=Klein+Bottle+amazon