Subject: Re: SVB bailout
I think the government stepped in to stem the risk of runs at other banks, which would have created a much bigger problem. The moral hazard was collateral damage and insignificant compared with what could have been an immediate nation and world-wide banking crisis.

Hopefully, with the time bought, people will wake up and get their acts together. It certainly threw light on a lot of issues about the regional banks that have been hiding in plain sight.