kev kev quite a date here in the nation s capitol. good evening, trace. breaking tonight, investors in silicon valley bank have already taken legal action to recoup their losses after, of course, the bank collapsed on friday despite the class-action lawsuit and a volatile day on wall street. as you pointed out, the president wants americans to believe our financial institutions are, in fact, secure, while also being careful to not use the banking b word. bail out. no losses will be born by the taxpayers. instead, the money will come from the fees that banks pay into the deposit insurance fund. reporter: while the fdic insures bank deposits to a quarter of a million dollars, nine of 10 depositors of xeb had more than that amount in the bank. still, the administration says they ll be covered. nothing to worry about. that also includes customers of new york-based signature bank which also collapsed over the weekend. the third largest bank failure in american history. signatu
dallas. i m wondering where the crowd funding idea came from. you crowd funded this to get the money put together. one, why did you come up with that concept? and, two, now that it s working, is this kind of the vehicle for further projects? yeah, i think i mean to be fair, it wasn t exactly my idea. i didn t actually think it was going to work. it was the idea of angels studios so i have to give them credit for that but i think the concept comes from what we actually did talk about. when i look at the show like the last, those filmmakers are great filmmakers. they have great stories to tell. they come from different perspectives, different persuasions and have different stories to tell than i do. the idea is instead of complaining about it, let s tell our own stories. now, the problem would be if crowd-funded successes like this, like the chosen and like other projects f they re looked at especially if they come from the faith market as some sort of niche or a museum exhibit t
starts, it s about three hours every sunday if we can be a distraction for the fantz and the people to take their mind off this. it takes off in a life of its own. you have big name people giving a lot of money and a lot of people who have been moval bide what you ve done and want to help. like you so many people see this on television and feel frustrated. what can i do? and that s what is so interesting is this crowd funding idea has really taken off. and while i have people donating 500,000, we have people donating $5 but they are donating because they want to show their support. the last time i checked there was over 110,000 people that had donated and from all over the county, all over the world. we ve had people from different countries donate. i think that s my biggest message is the city of houston thanks you for what yourv done