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Svb made some uniquely bad management decisions. one of them is, they have a depositor base that's concentrated of tech startups in silicon valley. a staggering nearly 90% of their deposits are uninsured. that's an anomaly compared to most banks in this country. a lot of silicon valley executives this weekend, many have reached out to me, to push this narrative that that's going to create a bank run in america if silicon valley bank isn't bailed out. what they're doing is trying to create the fear of one. i think that could become a self-fulfilling prophecy, which is dangerous. silicon valley ...

American companies and they set a cultural tone that causes these companies to behave in politicized ways from their boardrooms on down. that's a problem that needs to be fixed through the market and i don't really believe that government, whether on the left or the right, and you see this on the left as a way to drive corporate change. the right way to drive corporate change is to do it in the root cause itself and a lot of it is top down in the esg market in capital markets and corporate america's boardrooms. >> we should obviously note there are proponents of esg who disagree with that. if ...

Diverse depositor base, through no-fault of the regional banks, that were getting slammed in the last week. >> right. neil: their customers wonder. >> well, listen and you can't blame them. can't blame the customers from being concerned about that. now, if the-- if the regional banks are not under the demands that sivb was, there's not that risk, no reason to have that here, but you can't stop someone after they're witnessing to be more protective and kevin o'leary, if you're spreading out your assets amongst three or four different banks you're going to reduce your exposure, but i suspect you...