russia is accusing the united states of being behind that drone attack on the kremlin. the video of a purported drone strike is unimaginable given the location. this is given by russians. we don t attack putt in. we fight our own territory. another regional bank is showing trouble. pac west is weighing strategic options. shares of pac west are plunging after a report suggested that the bank could be seeking a sale. the u.s. banking system is sound and resilient. we ll work to prevent these from happening. the suspect that was wanted is now in police custody. he ll be charged and stand trial for his crimes. what are the long term traumatic effects of telling our children we can t protect you.
always thought in business or in government are people who know and understand and learn from history. right? and i also think the learning loss, what secretary said right there, we talk a lot more what it meant to have schools closed. a massive impact. days after the collapse of first republic bank, los angeles-based pac west is pacific western bank this morning is on edge. frankly, wall street shares tumbling as a result. the sharesst bank down 50% after hours yesterday after it said it is exploring all strategic options including a sale. in a statement though on the website, the pac west leaders write, the company has been approached by several partners and investors. discussions on going. the company will continue to evaluate all options. the bank has not experienced any out of the ordinary deposit flows following the sale of first republic and other news. let s talk will what is happening here, where this goes
uncertainty that wasn t there does that almost become a self-fulfilling prophecy. is that what this is? is it a self-fulfilling prophecy? what happened with first republic felt like a leftover of what we saw happen with svb? is this repeating it self and it would not have happened had those banks not failed? banks, it s a confidence industry. there is a lack of confidence in regional bank as cross the u.s. that is what the government is dealing with. you bring up such a good point. this is not like 2008 which all the leaders said. you had repeat really crappy stuff in 2008, to say the least. that s not the bafrmginnking sy that we re in today. that s no the what wear talking about. the fact that you re saying that short sellers could be sl