Here is why there is vitriol:
https://www.zerohedge.com/news/2023-03-10/lulz-svb-website
They hate us.
We can hardly be blamed for hating them back.
I get all that concern. I do.
but what many are not understanding there is downstream harms happening
Example: Colleague of mine uses Stripe to process credit cards. Guess which bank is the pass-thru...SVB. She had no idea what bank the merchant service used. Deposits come in as from Stripe, not SVB. Guess what, any payments that were linger in the system are now frozen. And since this is Stripe ...they likely had way more than 250k moving into that pass-thru.
You are going to be the big meanie weanie and tell a conservative small business owner too bad so sad, you were stupid?
Get out of dodge with that mentality.