fargo, bank of america, jm morgan, morgan stanley lost $50 billion in market value in one day. that s a hit. on the other hand, those banks still exist. you can t say that for silicon valley bank. svb has gone under completely. that makes the second biggest bank failure in the history of this country. and the significant svb financed nearly half of all venture-backed healthcare companies in the united states. it held significant cash reserves for some of the biggest crip toe currencies. it s gone. federal regulators have rename it and taken it over. that means a lot of people lost a lotf of money. most of that money was not insured, no matter what they tell you. the fdic only guarantees bank deposits up to $250,000. nearly 90% of all deposits at svb exceeded that. and it s unclear if those people see their money again. in fact, when customers show up in svb s branch in manhattan to get the deposits back, managers called the police. so, what we have there is the 1929-style b
bill: i have questions for you. dana: yesterday president biden took a cheat sheet to a new level. he was holding cue cards showing names of the cabinet officials and a pre-submitted question from the reporter. bill: the question reads as follows. how are you squaring your domestic priorities by reshoring here now is the question from that reporter l. a. times ? thank you, mr. president. your top economic priority has been to build up u.s. domestic manufacturing in competition with china. but your rules against expanding chip manufacturing in china is hurting south korean companies that rely heavily on beijing. are you damaging a key ally in the competition with china to help your domestic politics ahead of the election? bill: not the good look. the president is underwater on every key issue from national security to the economy. dana: team fox coverage. karl rove here to react. we begin with peter doocy at the white house. we ve seen this president do a two-
part of what happened here today, we started to do more often which is this dismantling of the cybercriminals infrastructure and sometimes that involves taking down dark net marketplaces. other times, it involves essentially removing malware from systems. but more and more, i think you can expect to see from the fbi and our partners situations where success and impact is achieved by more than just arrests. we re doing things like getting keys to victims, taking down infrastructure, seizing cryptocurrency, being much more creative and multiple disciplinary in how we attack the problem. i think that s what s called for and it s a direct outgrowth of the new no longer new, but cyber strategy that we rolled out a few years ago. on the second question, obviously i can t comment on any specific investigation. but we have had, for quite a number of years, any number of mishandling investigations, that is, unfortunately, a regular part of our counterintelligence division s work a
civilian infrastructure is one. attempting to undermine european support for kyiv is another. how s that going? well, my guest is czech foreign ministerjan lipavsky, an ardent supporter of ukraine in a country facing a deepening energy and economic crisis. is europe s pro ukraine stand sustainable? foreign ministerjan lipavsky in prague, welcome to hardtalk. hello and thank you for having me. it s a pleasure to have you on the show, foreign minister. i m sure you as well as i have been watching the pictures coming out of ukraine, the swarms of kamikaze drones, so called, which are now targeting ukraine s civilian infrastructure, leaving millions of people without heat, power, and looking at a very dangerous, alarming scenario through the winter. is this a signal that europe needs to do much more to offer ukraine military assistance? sadly, yes. we need to do more in terms of sending more air defence to ukraine to solve this, let s say, very specific issue of russia terrorism