In 2021, Silicon Valley Bank started purchasing long-dated higher risk assets in order to increase returns for customers. Over the next year that strategy backfired when the Fed drastically started increasing interest rates which lowered the value of the banks assets. In early March 2023, the bank announced they sold a large portion of its assets at a loss and would need funding. That news spooked depositors and led to a bank run. A few days later, regulators and the FDIC shut down the bank, pledged to make depositors whole, but would not bail out the management or investors in the bank. Silicon Valley Bank is considered to be the 2nd largest bank failure in US history.
35% Yes |
65% No |
22% Yes |
60% No |
14% Yes, customers should be fully reimbursed but management and investors should be wiped out |
5% No, the bank should fail and customers should receive no more than $250k of their deposits |
See how support for each position on “Silicon Valley Bank Bailout” has changed over time for 1.7k America voters.
Loading data...
Loading chart...
See how importance of “Silicon Valley Bank Bailout” has changed over time for 1.7k America voters.
Loading data...
Loading chart...
Unique answers from America users whose views extended beyond the provided choices.
@99R564Y1yr1Y
No, and nationalize the banks
@99RQPWZ1yr1Y
I would have to research more information on this topic.
@GuitarLord251yr1Y
Customers should be fully reimbursed, but management and investors should be wiped out. This is an opportunity to transform banks with poor business practices into democratic credit unions run by workers and customers in order to maximize transparency and stability.
@99RPV451yr1Y
Not an issue I know about/care about
@99RNLZL1yr1Y
Not aware of this issue.
@99RN8J91yr1Y
I am uneducated on this issue
Explore other topics that are important to America voters.
@ISIDEWITH2mos2MO
An embryo is an initial stage of development of a multicellular organism. In humans, embryonic development is the part of the life cycle that begins just after fertilization of the female egg cell by the male sperm cell. In vitro fertilization (IVF) is a process of fertilization where an egg is combined…
@ISIDEWITH2wks2W
Artificial intelligence (AI) makes it possible for machines to learn from experience, adjust to new inputs and perform human-like tasks. Lethal autonomous weapons systems use artificial intelligence to identify and kill human targets without human intervention. Russia, the United States and China have…
@ISIDEWITH1yr1Y
Absentee-by-mail ballots are paper ballots that are mailed to voters who must then fill them out and return them, often with the voter's signature and sometimes a witness signature to prove the voter's identity. In 35 states and Washington, D.C., any qualified voter may vote absentee-by-mail without…
@ISIDEWITH9yrs9Y
Last Spring the U.S. Senate defeated The Bank on Students Emergency Loan Refinancing Act by a vote of 58-38. The act, proposed by Senator Elizabeth Warren (D-MA) would lower the interest rate on existing student loans from 7% to 3.86%. The act would be financed by levying a mandatory income tax of 30%…