Should We Ensure More Than $250,000 for People?

The run could kill any bank. The most important thing that Fed did though was set up this emergency lending program to make sure that all the other banks out there, not SVB, are able to get the liquidity they need to meet the positive needs. If these bank risk compliance officers didn't see that zero interest rates weren't going to last forever and bought a bunch of like 30-year treasuries to get point to like 25 basis points of extra yield, they're morons. And it seemed like a lot of other banks sort of made that problem too. That is another way where they're writing down huge losses on bonds that people will then see and then withdraw their money.