back because there s going to be a financial crisis. how do we know? they re always saying there s going to be a run on the banks if you don t bail us out, there s going to be around, we can t get the money. the donors and the bankers always get the money, don t they? they always squeeze money out of the politicians because they scare them. we are not going to have any more donations left if we don t get some of that money back. this company, it is awoke bank despite what you said in the green room, they are the end of the social justice investing stuff, they are concerned with gender and everything, even as the banks collapsing, they are still holding seminars on gender ideology. and they are getting bonuses on the friday that they blow up and the ceo is selling 3.5, $6.5 million in stock two weeks? he had no idea this was going to happen? san francisco fed chair had no idea? isn t that the san francisco fed
seriously, three, there s a lot of political appropriating blame to go around. i wish people wouldn t do that. i wish anything that s been passed over the last several years to address this. we stress test banks that are more than 250 billion in size. this bank was 200 billion in size. we passed rules several years ago to help reduce some of the rules the banks like this have to smaller banks, it s too expensive for us to try to comply with all of this. we need to relook at that and see if it s the right way to do it as there s a better balance of production for the depositors and better protection for taxpayers. in the intermediate and long-term we have to think about, what does this mean for banks. if everybody s deposits are insured. if you have over 2,050,000 in the bank, is an individual or business. are we willing, are we prepared to say all of that was going to be protected?