SVB was covered for all the losses their customers had (supposed to only cover losses up to $250,000) because they had democratic donors as customers. Can you imagine what would have happened to a similar size bank in Dallas, that had oil companies and individuals as clients. Zero, Zippo, Nada. There is a two-tier level of justice in the USA, and everybody sees it.
SVB was covered for all the losses their customers had (supposed to only cover losses up to $250,000) because they had democratic donors as customers. Can you imagine what would have happened to a similar size bank in Dallas, that had oil companies and individuals as clients. Zero, Zippo, Nada. There is a two-tier level of justice in the USA, and everybody sees it.