I don't know where you read that. Even Biden said today that if you are a shareholder, you are TSOL. You took on the risk to invest in it, that is on you. In other words, now that the stock is worthless, oh well, stocks sometimes go to zero.
Barney Frank under fire over role on board of doomed Signature Bank https://nypost.com/2023/03/13/barney-frank-under-fire-over-role-on-board-of-signature-bank/