[cardcrimson]

Equity holders of SVB have been, and should be, wiped out.  

SVB has 8500 employees (including my sister in law, who is a mid level manager in back office operations); the vast majority had nothing to do with the collapse or the decisions that led up to it. I'd imagine most of those employees hold SVB stock as part of their 401ks. "Should be" seems a little harsh, when you consider that retirement plans have just been wiped out.

[cardcrimson]

Equity holders of SVB have been, and should be, wiped out.  

SVB has 8500 employees (including my sister in law, who is a mid level manager in back office operations); the vast majority had nothing to do with the collapse or the decisions that led up to it. I'd imagine most of those employees hold SVB stock as part of their 401ks. "Should be" seems a little harsh, when you consider that retirement plans have just been wiped out.