Was this a bailout? Skeptics descend on Silicon Valley Bank response.

Was this a bailout? Skeptics descend on Silicon Valley Bank response. https://ift.tt/mWcqkUn the definition of "bailout" is ill-defined, it is typically applied when an institution or investor is saved by government intervention from the consequences of reckless risk-taking. The term became a swear word in the wake of the 2008 financial crisis, after the government engineered a rescue of big banks and other financial firms using taxpayer money, with little to no consequences for the executives who made bad bets that brought the financial system close to the abyss.