I wonder how much of this saltiness -- both on HN, reddit, and mainstream media -- is due solely to the name of the bank.
If the headline was "California Regional Mutual Bank and Trust fails" (I made up the name, I don't know anything about banking, don't nitpick the terms) it surely would have still been newsworthy because of the size of the bank, but I suspect there would be less vitriol around the situation with the Silicon Valley connotation removed from it.
If the headline was "California Regional Mutual Bank and Trust fails" (I made up the name, I don't know anything about banking, don't nitpick the terms) it surely would have still been newsworthy because of the size of the bank, but I suspect there would be less vitriol around the situation with the Silicon Valley connotation removed from it.