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Transcripts For MSNBC The 11th Hour With Stephanie Ruhle 20240706

the doj is putting a magnifyin glass to the bank s leadership as democrats tried to take steps to prevent it from happening again. then, a russian fighter je harasses and collides with a u.s. drone as we get new reporting about planned wa crimes cases and a dangerous new drug ravaging american streets what do you need to know from doctor on the frontlines, as the 11th hour gets underway on this tuesday night good evening once again, i m stephanie ruhle. the feds are now scrutinizin the nation s second bigges bank failure nbc news has confirmed the justice department and the securities and exchang commission are investigating the meltdown at silicon valley bank two sources tell nbc the doj s inquiry is its early stages an part of it will focus on whether bank executives sold any stop prior to the collapse so far, is a.b. is not commenting as for claw backs, as senior administration official says the fdic has legal grounds t act in certain cases but som officials also say t

Transcripts For MSNBC The 11th Hour With Stephanie Ruhle 20240706

glass to the bank s leadership as democrats tried to take steps to prevent it from happening again. then, a russian fighter je harasses and collides with a u s. drone as we get new reporting about planned wa crimes cases and a dangerous new drug ravaging american streets what you need to know from a doctor on the frontlines, as the 11th hour gets underway on this tuesday night good evening once again, i m stephanie ruhle. the feds are now scrutinizin the nation s second bigges bank failure nbc news has confirmed the justice department and the securities and exchang commission are investigating the meltdown at silicon valley bank two sources tell nbc the doj s inquiry is its early stages an part of it will focus on whether bank executives sold any stop prior to the collapse so far, svb is not commenting. as for claw backs, as senior administration official says the fdic has legal grounds t act in certain cases but som officials also say to stay tuned on that matter, and at t

Transcripts for MSNBC The 11th Hour With Stephanie Ruhle 20240604 03:07:00

than just a claw back, there s also - they re going to have th statements closely scrutinized as whether or not they, fo example, we re making an disclosures to the public or making representations tha were false so, i think it is certainl possible that some of th executives are going to be paying quite a bit of money. certainly, there is no questio that they are already th subject of a civil lawsuit but i think they very well could be the subjects of federal, criminal and se investigation, not just th bank but actually the officers themselves all of them, i m sure, hav their own council. as for goldman sachs and others, really, the question there is, were those the - and did they know somethin that the rest of the world didn t know about what was going on at the bank that, i think, will remain t be seen. what happens, renat mariotti, if a bank like, let say, goldman sachs, that w know has gotten a ton of trouble just a year plus ago for their dealings in malaysia

Transcripts for MSNBC The 11th Hour With Stephanie Ruhle 20240604 06:07:00

that ordinarily would be mor than just a claw back, there s also - they re going to have th statements closely scrutinized as whether or not they, fo example, or making any disclosures to the public or making representations tha were false so, i think it is certainl possible that some of th executives are going to be paying quite a bit of money. certainly, there is no questio that they are already th subject of a civil lawsuit but i think they very well could be the subjects of federal, criminal and se investigation, not just th bank but actually the officers themselves all of them, i m sure, hav their own council. as for goldman sachs and others, really, the question there is, where there was completely arm s length transactions an did they know something that the rest of the world didn t know about what was going on a the bank that, i think, will remain t be seen. what happens, renat mariotti, if a bank like, let say, goldman sachs, that w know has gotten a ton of trouble just a y

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