Caroline Gerardo, C. G. Barbeau the Loan Lady nmls 324982 (Licensed in 20 states)

Spam prevention
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Hi Caroline Gerardo 

  First, I am sad to hear of your loss.  It's easy to see these stories on the News, but until it hits us personally, we have no idea what it really means.


  To your question:  NO.  The banks should not be "bailed out".  The people who parked their money in that bank should have been more diligent.

   If I understand it, SVB invested its depositors' money into U.S Treasury notes and Government bonds.   Now that interest rates are back up, those notes have lost tremendous value.  And of course, the ESG and the Equity Hire Managers  were more interested in social causes than getting a return on their capital.


   Caroline, my late grandparents told me about the Great Depression.  How so many people lost everything, because they trusted the Banks and the U.S. Government.  They taught me to put my money into tangible assets that I can hold and possess.  See my slightly ambiguous and somewhat rhetorical question on this page earlier today, "What is a better investment, Real Estate or Banks". 

    IMHO, this is only the beginning of a major collapse. The Government has given America's money to Ukraine, to illegal immigrants, and other expenditures that have no possible ROI.  We are in for a rough ride.

Mar 13, 2023 05:08 PM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I don't think over the insured amount federal funds should bail banks out.  However if funds exist that protect depositors paid by other banks I'm ALL for depositors being protected.  As to the insiders that sold stock just before the tank.... take their money and throw them under the jail.

Mar 13, 2023 06:17 PM
Alan May
Jameson Sotheby's International Realty - Evanston, IL
A moving experience!

We are not bailing the banks out.

They are being bailed out by a fund that is paid into by the other banks.  No government money, nor taxpayer money is being spent.


Mar 13, 2023 05:30 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

NO to bailouts!

I'm sorry that you lost your fortune but, that has nothing to do with my answer.

These banks are BUSINESSES, run to the drummer of the CEO and the Board. Their decisions impact their wins & losses. It is not up to you or me to bail them out. 

If that sounds callus, I am sorry but, if my business fails, I do not expect ANYONE to bail me out. Instead, I would work my fingers to the bone to get MYSELF out of the hole. We are responsible for our own actions - in life and in business.

Mar 13, 2023 08:08 PM
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Nope. Not this time.

Mar 13, 2023 04:57 PM
Ryan Huggins - Thousand Oaks, CA - Thousand Oaks, CA
Residential Real Estate and Investment Properties

No.  No more taxpayer funded bailouts of organizations that were not responsible with their client's money.

Mar 13, 2023 04:08 PM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate


As I understand it, there is not enough insurance to cover it all. 


Regardless of what "should" be done, it will be done anyway. 


Add this to all the other evil, corruption, lies, and deception, that is taking place and perhaps we can "throw a party"! 



Mar 13, 2023 03:28 PM
Roy Kelley
Retired - Gaithersburg, MD

We need regulations that will prevent them from failing.

Mar 13, 2023 03:16 PM
Kat Palmiotti
406-270-3667,, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

No I do not think banks should be bailed out. I think they should pay attention to where they are investing money at all times. I have a lot more thoughts but that's it for now!

Mar 13, 2023 06:44 PM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I have not thought it through Caroline Gerardo but my gut reaction is NO. That being said if either of the financial institutions I bank with lost all my money I'd like someone to restore it.

Mar 13, 2023 06:31 PM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Absolutely NOT! I have a lot more to say but I'll leave it at this.

Mar 14, 2023 07:46 AM
Raymond E. Camp
Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

My answer is no, the government has its nose already into too much of our businesses and everyday lives and they only hinder good opportunities!

Mar 14, 2023 05:48 AM
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

I heard today that payroll protection under Covid relief is still active for many more months and these employees could find relief there.  

Mar 14, 2023 09:35 AM
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

My understanding is that the FDIC, not the government, will be covering losses.  I'm not sure I agree with losses over $250,000, but money for most is secured.

Mar 14, 2023 08:47 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

In this instance the "political solution" was to do a bailout. No sure it was the way to go but it is what it is. We need to change the rules, not make snap decisions that look good on the surface but like an iceberg has hidden mass. We'll see

Mar 14, 2023 04:48 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

So sorry to hear this, investments can be lucrative, of course high gains generally come with high risk.  Best for all of us to keep our eggs in more than one basket.

As far as depositers, the FDIC is designed to cover their losses, as long as they spread them around and keep below the limit in each institution, again warning us to not keep all of our eggs in one basket.

Mar 14, 2023 01:15 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

It comes down to who you know and can count on when going all out on a venture. Bank people appoint board of directors, pay them, and those connections come through in a pinch. Doesn't matter what the average citizen thinks or does. The powerful get their way.

Mar 14, 2023 09:13 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

No... but we should fire all the management in many of those banks and the boards of directors as well as claw back all the money they've "stolen."

Mar 14, 2023 08:31 AM
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Banks no, investors will get reimbursed by FDIC. 

What I think is a shame is that we will hear that the management will still receive their bonuses.

Mar 14, 2023 06:21 AM
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

with tax dollars, no.

Mar 14, 2023 06:07 AM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent


Mar 14, 2023 10:34 AM
Bion Grady
Maximum One Greater Atlanta Realtors - Douglasville, GA
Douglas County Real Estate Specialist

I do not believe we should this time

Mar 14, 2023 09:31 AM
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

So sorry to hear about your losses. Every situation is different. It goes to show that we need to be more mindful of what is going on. Hopefully other banks will get their ducks in a row and not follow in the fate of this bank.

Mar 14, 2023 07:29 AM
Anna Banana Kruchten Phoenix Broker
HomeSmart Real Estate - Phoenix, AZ

Sorry to hear that Caroline - that is a bummer.  I'm sure it's on the minds of some folks these days.  My Father's parents lost their entire farming operation back in the depression days. They never really recovered for that. Thank God my Dad was able to help them as a young man just out of the Army from WWII.  Things got better from there for them.

Bailing out the richest zip code in the United States.  Let me think about that.  No.  I'm with Fred Griffin Florida Real Estate on this.  They made bad long term  treasury bets and lost.  My Dad taught us to never rely on the government.  Never. 

Mar 14, 2023 02:25 PM
Doug Dawes
Keller Williams Evolution - 447 Boston Street Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Easy answer. NO

Beware of the bail-in

What Is a Bail-in?

Mar 14, 2023 10:58 AM
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

Nope!  I enjoy capitalism, but to have true capitalism, bail outs don't have a place.  If it all burns down, it means the system was built with materials that are too flammable.

Mar 15, 2023 01:12 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I believe we should not bail them out.   This will be affecting so many think because of bad management 

Mar 15, 2023 09:10 AM
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

Deposits should all be guaranteed and banks should not be allowed to gamble with the funds given to them to take care of.  

Mar 18, 2023 06:16 PM
John Juarez
The Medford Real Estate Team - Fremont, CA

SVB was not a normal bank. It invested heavily in Treasury securities without hedging to cover the inherent risk. Bad management. With higher risk comes higher returns...until you get caught with your pants down as in this case. It lent to above risk clients...and invested in high risk clients. Now they get to pay the piper. 

Many of their depositors were aware of the bank's business model and banked with SVB due to loose credit and lending standards for a special industry...high tech and venture capitalists.

The failure of the bank should be no surprise.

Mar 15, 2023 07:39 PM