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and she s already told me that if it s snowing or ice you re going to come pick-me-up in your four-wheel drive pickup. we know what cold weather is, just have to warm the car up and put another coat on. the weather never stopped us, blizzards, cold, rain, snow, it doesn t make any difference. neil: they re a hearty bunch, the iowans. but not the airport. and there s great food. that was not meant to be and we had to stay in new york, which isn t a bad alternative, it s beautiful here, but the backdrop in midtown manhattan is slightly different than the beautiful state of iowa and des moines where we will be because we re flowing out after this show for the big event on monday and all weekend coverage. in the meantime, there s this nasty cold wave that you ve heard a lot about, not only affecting iowa. in michigan, it s one doozy of a storm and certainly record low temperatures and in grand rapids, max. it s not as cold as iowa, but chilly temperatures in the 20 s ....
trying to get cash out, prompting police blocking to the manhattan branch. nate foy joins us with the latest on this. hi, nate. hey, anita, this triggered the largest bank runs in u.s. history. withdrew $42 billion on thursday which worked out to over a million dollars every single second over a 10-hour period. a much more quiet day here than at the hone silicon valley branch in new york. as a dozen tech founders and ceo s showed up. they were turned away and the cops were called. take a look at the video. it happened after the shocking announcement of a $1.8 billion loss at the bank. depositors were turned away not only here, but also in california. the bank crumbled after a loss and they re known for the tech sector leaving startups in crisis mode. take a listen. if you re a start-up, cash is king. the cash and the work flow to be able to have runway is critical. so access to the cash to now to be able to pay your employees, to cover the expenses you ve got is t ....
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. s ....
politician up ahead of reelection this monday. now the nation will be holding his funeral. president biden paid a visit to the japanese embassy yesterday saying he was stunned, outraged and saddened by the former prime minister s killing. and he had this to say about the assassination on japan s security. we re going to learn more about, as time goes on, about motive, about the whole japanese, prime minister is a stable ally and we, do not believe it s likely to have i don t know yet likely to have any profound destabilizing impact on japanese security or japanese solidarity. when we look at this, japan one of our key allies, particularly in this region and particularly militarily with all that goes on with chinese efforts to expand. and a lot to talk about on a global scale. absolutely, and i think that hearing the outpouring from so many world leaders about the legacy of abe, japan s youngest prime minister when he took over and the longest serving when he w ....
this deal ever really start? is was it ever really, well, real? did elon musk ever truly intend to buy out the company, and if he did, what happened? and now what happens? welcome, everyone, i m neil cavuto and happy weekend and not if you re a twitter shareholder on news that elon musk is quitting. the latest from kelly o grady out in los angeles on what went wrong. reporter: hey, neil. what a roller coaster, right? elon is claiming he has grounds to terminate the social platform because they failed to provide key information and that the company appears to have made misleading statements during their negotiations. now, this really all comes down to the number of spam bots on the platform. the reason bots are so important is musk has made no new attempts to grow the revenue, and that risks on act rests on active users. all indications suggest that several of twitter s public exposures are either false or materially misleading. it appears twitter is dramatically und ....