democrats have argued that rolling back those regulations was a primary cause of silicon valley bank s failure. and who thought that those rollbacks were a good idea a the time none other than silicon valley bank back in 2015, svb ceo, gre becker told the senate banking committee that the bank had quote, deep understanding of the markets. strong risk management practices, a fundamental strength of the innovation economy. also noted that svb s business model did not pose an systemic risk. and that dodd-frank would only put an outside burden on the back eight years, later svb s motto did clearly pose systemic risk that then required the federal government to create and activate i m urgency rescu plans. as it turns, out the outsize burden mr. becker was talkin about. might actually have been a set of necessary guardrails. argues that americans should b outraged over all of this. there is no success for a she, writes the complexity financia
line. the audio is tough to hear. he said i didn t ask to borrow any money. that s what elizabeth warren is asking greg becker about possible insider trading with a new letter that says please list all inferences that you sold stock. were you aware of any concerns or problems with the back s balance sheet, the risk management practices or any other matters affecting the bank s ability to remain in business? if other banks fail, there s now concern that deposits won t be covered without dipping in to taxpayer money. some republicans are concerned about setting a precedent of bailouts. look, community banks across the
The management development program, being conducted at JBIMS campus, will cover a range of topics including Risk-management practices, leadership, decision-making abilities among many others.
reporter: the navy saying the purpose of the pause on monday is to review risk-management practices and conduct training on threat and error-management processes. the names of the lost marines now released. they include captain john sax, son of l.a. dodgers legend steve sax, who during happier times talked about his son s lifelong dream. at 7 years old, my son was so fortunate to kind of know what he wanted to do in his life. he wanted to be a pilot in the marine corps. reporter: that father now saying on social media that his son is and always will be his hero. no doubt a sentiment shared by all of the families of the men lost. linsey. and our hearts go out to those families. zohreen, thank you. we turn now to the war in ukraine. the country s eastern region now under siege. russia is seizing more territory. street fighting is raging. the ukrainians are increasingly outgunned and outmanned. this video posted on social media shows fighting in a key eastern city in recent da