legal huddle. meeting with his lawyers to talk about fighting a potential criminal indictment. all the while his potential 2024 challengers takes s new slogan to a key state. then the largest bank failures since 2008. s v b, silicon valley bank imploding in just 30 hours. how did it happen and what are the consequences? and our friday night cap is here talking all about the biggest stories of the weekend some you may have missed. the 11th hour getting underway right now. good evening once again. i m stephanie ruhle. it is finally friday and you know what that? means we are closing out the week with a friday night cap and you do not want to miss a minute. so get comfortable and settle in because that is coming right up. but first, the twice impeached ex president, he s getting ready to spend his weekend huddling with lawyers in florida to figure out a strategy for dealing with an escalating legal threat. we told you last night donald trump has been invited to appear before a m
a few investor start taking their money out. this is a bank that was concentrated on the tech industry in general, the start-ups. start-ups had personal many in their, or their business money in, there they re investors money in there, they re all in with each other. and they start taking money out. and it s not rational and reasonable, but it happened. and a bank exists because it s got depositors where it pays them x amount of interest, then it takes up money and it gives it to borrowers at a higher interest and it makes the fuel in the engine of making is deposits. here s what s interesting. after 2008, regulation said, all right, we want to make sure that is single bank isn t overly exposed in one asset class. we re not overly exposed in one customer. but they never thought about an industry concentration. you ve got this one bank the basically lens to the entire start-up community. yes, correct. people have been saying, that s really risky. it may or may not be, you just hav