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rocketsocks t1_jchkes8 wrote

https://www.fdic.gov/news/press-releases/2023/pr23019.html

> No losses associated with the resolution of Silicon Valley Bank will be borne by taxpayers. Shareholders and certain unsecured debt holders will not be protected. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.

As for Shuttle, it was not ended and replaced with nothing. It was replaced with what became SLS and Orion (plus some other stuff that didn't continue), which has so far made use of over $40 billion in funding. On top of that the commercial crew program was started. All of these things started before the last Shuttle flight.

That doesn't necessarily change the main point, but accuracy is important.

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