AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The US Government Shouldn't Backstop Silicon Valley Bank
TARP was just over $400 billion. It actually returned a $15 billion profit to the American people. The US government could get some warrants on those companies or warrants and ownership in Silicon Valley Bank and make at least 50 cents on the dollar, maybe even double. But most importantly, this can easily be structured so that the American people return 20%, 30%, maybe even double their money.