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Moral Hazard

Covering $300 billion of Non-FDIC-insured deposits at the failed Signature Bank and Silicon Valley Bank was an easy decision for the leaders of a capitalist system that prioritizes profits over people.

Ted Rall
Ted Rall is a syndicated political cartoonist for Andrews McMeel Syndication, WhoWhatWhy.org and Counterpoint. He is a frequent contributor to The Wall Street Journal, a graphic novelist and author of many books of art and prose, and an occasional war correspondent. He is, recently, the author of the graphic novel "The Stringer."
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