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The 'shareholders' are all 401k fund managers. They make sure their CEO friends come in and get paid. It doesn't matter to the 'shareholders' if one or two companies go bust, they collect the fees anyway, and the losses are socialized across an entire country's retirement accounts.


Yeah, how much did I lose because these fraudsters mixed themselves into broad market indices?


$15.5B market cap Wednesday to S&P500's ~$32.3T. If you held the S&P500, you lost about 0.05% when SIVB got zeroed. In comparison, S&P500 was down 1.45% Friday. (Almost all of the impact to your retirement from SVB's failure will be from indirect effects, like downswings in other bank stocks, rather than direct losses from SIVB. Unless you held a highly concentrated position in SIVB.)




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