“Just hold on. It just hurts right now.”

Created
Sun, 12/03/2023 - 01:00
Updated
Sun, 12/03/2023 - 01:00
High-flying risk-takers demand their bailout Christopher Walken’s first movie role was in The Anderson Tapes, a 1971 Sidney Lumet caper film starring Sean Connery. Walken played “The Kid,” a junior safecracker. Connery’s team of thieves robs a high-end New York apartment building. It’s Oscars weekend. But that’s not the reason for mentioning the film. When Walken can’t break into a safe in one rich couple’s apartment. ‘Duke’ Anderson (Connery) demands the combination. The man refuses. Duke yanks up the man’s wife by the hair. (I can’t get the clip to load.) “Darling, it’s all right,” the man tells her calmly. “Just hold on. It just hurts right now, but you’ll be all right.” “You bastard!” she shouts. “Tell him!” He doesn’t, so Duke calls in his hitter, “Socks,” points to the rich jerk, and says, “Him!” Threatened with pain himself, the guy folds up like tissue paper. Fiction? Watch how rich libertarians behaved when Silicon Valley Bank collapsed on Friday. It was the second largest bank failure in history behind Washington Mutual. And many times larger. SVB was a niche operation serving primarily rich venture capitalists and their startups. A friend formerly with the FDIC called to fill me in on what an extraordinary process was taking place. Secured depositors will get their money on Monday. The richest depositors (above $250k) might not get their rest of their money for some time. In the meantime, they’ll get, in essence, IOUs. Poor bastards. Twitter users were quick to jump on tweets…