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making, but silicon valley s implosion is the biggest such failure since the collapse of our entire financial system 15 is years ago.o down next, and we ve got you covered in los angeles with kelly o grady on how all of this happened, at the white house with lucas tomlinson on what they hop next, in washington with former fdic chair sheila bair on why this won t be another financial meltdown, she hopes. and in florida with home depot cofounder bernie marcus who says that doesn t mean this still won t be a big confidence meltdown no matter what happens next. all that and nikki haley on cracking down at the border by sending u.s. troops to the border and a portland, oregon, businessman who was trying to make a living amidst a crime wave that is soaring, and city officials all but ignoring. busy show, busy weekend, and it all starts right now. welcome, everybody. i m neil cavuto. very good to have you. now to the our biggest story, that bank collapse and what it could port ....
Could portend for the future. let s go to los angeles and find kelly o grady. reporter: yes, the bank haven for start-ups is no more, the second biggest bank collapse in u.s. history. let s recap what started it all. svb s spiral began wednesday, its start-up clients had been withdrawing more cash than usual amidst the fed raising rates and a chilly fund raising environment. the tech community got jumpy, the stock was in freefall, and investor warned it might be in real trouble. that caused a bank run. in other words, a ton of clients simultaneously tried to withdraw funds. by thursday s end, customers had pulled out $42 billion of deposits leaving a negative cash balance of $958 million. california regulators deemed svb incapable of operating and shut it down. the fkic fdic assured goes depositors they will redeem ....
Children the physical damage on the brain because of this is permanent. so, now we re waking them up in the middle of the night, moving them around. it is unclear from the highest levels of people who are involved with these children exactly what where they re being given, who s being given the child, what is happening with the parents once they have the child, where are they going? are they getting ankle bracelets or shackles? are we going to see ankle shackles for toddlers? is that going to be the new money-making for the private prison companies? it s now a billion dollar business. health and human services grants for foster children for detained and unaccompanied children soared from $74 million in 2007 to $958 million in 2017. some of the children are not running to their parents. there s something going on there even with the reunions. a lot of these children don t ....
Presidential brace and spending by the campaigns is approaching $1 billion according to nbc news. 958 million has been spent so far. now back to hardball. i fought against long odds in a deep blue state, but i was a severely conservative republican governor. strange wording, severely conservative. he s the only one ever to use it. that was mitt back in february trying to convince the hard right audience that doubted his conservative credentials that even though he had been governor of the state of massachusetts, make no mistake, he was severely conservative. fast forward about seven months and now mitt romney is out there using his experience as massachusetts governor to convince voters he s actually bipartisan. he s a man of the middle. take a look at this ad. brand new mitt here. ....