The FDIC Insurance Is No Longer 250,000.

Gavin Newsom was out there championing this bail out because he didn't disclose to his audiences and his voters that he actually has a big customer of Silicon Valley Bank. So yeah, these guys, $250,000 is no longer the threshold. What they should have done in the United States is allow Silicon Valley bank to collapse. Like I'm sorry. You make risky investments. And then you don't call them up bet. It's like lockdown 2.0 2008 in a different light.