[Alberta's Child]

The fact that this apparently fundamental rule is forgotten shows how much we as a society have come to expect Uncle Sam to bail us out.

I would say it's more a function of how rarely banks fail in the U.S. anymore.

[beancounter13]

Banks still fail. They are just quickly absorbed by one of the larger banks. Bigger banks, like SVB, are the only ones that make the news because a larger bank taking in SVB might put itself at risk.

It’s past time we broke up the big banks.