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US Taxpayers Backstopped Big Tech, VC Billions During SVB Collapse 

June 23, 2023
If money could’ve talked this spring, it would’ve been saying “goodbye.” Or so politicians, businesses and individuals around America thought when Silicon Valley Bank (SVB) collapsed on March 10 in one of the biggest bank failures in U.S. history, starting runs at other regional lenders. That’s why the Federal Deposit Insurance Corp. (FDIC) quickly stepped in and backstopped SVB’s […]