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and titans many charged with being woke, but the fact of the matter was, it was a bank that made the wrong bet on treasuries at the wrong time and bought tens of billions of those, the price of treasuries went down and flat-footed while people wanted their money. now it s in receivership and run by the federal deposit insurance corporation. it s a dramatic played out amidst talk there could be other problems out there. kelly o grady has more from los angeles. kelly. good morning to you, neil. yes, it s the second biggest banking collapse in u.s. history. the first major one since 2008 and it all happened in the span of 48 hours, what started this is svb found its self short on cash. the stock was plummeting. invests warned they might not be able to raise money and a bank run and loss of clients and simultaneously tried to withdraw fund. and the regulators have taken over it and insured depositors will gain access by monday. fallout could be dire. roughly 50% of ventur ....
Target letter that is a week away from indictment, while he is still conducting additional, dotting i s and crossing t s types of witnesses but the fact that he received a target letter should reflect that there s a likelihood of indictment. we just don t know when. okay, former president trump faces a similar investigation on the state level. we re talking about georgia now. he is looking to disqualify, you know, the fulton county d.a., fani will is from pursuing the case. on what grounds? would there be any potential success with that? well, he tried and he lost, in the georgia supreme court, the georgia appellate court, said that no, there is no grounds for forcing willis off of the case, or shutting down the investigation all together. that really came pretty quickly after trump filed his motion to disqualify her and to shut the investigation down. so that seems like something that is going to happen in the ....
Colonel maginnis, he has a clear-headed read what s happening there. it s worrisome and we ll keep an eye on the bank situation and whether it spreads, doesn t look like it will, but again, they re making sure and dotting i s and crossing t s to see what the financial situation can do to protect itself and us in the process. that will do it for us. fox news continues. so no matter what the market s doing, he s ready. and that s. how you collect coins. your money never stops working for you with merrill, a bank of america company. how do i do it all? with a little help. and to support my family s immune health, i choose airborne. unlike some others, airborne gives you vitamin c and so much more. it s an 8 in 1 immune support formula. airborne. do more. lowe s knows it s not just what we ve got, it s who we ve got. that s why we ve got nearly 300,000 associates that got your back. sure lowe s knows the tools, materials ....
For surge yet or flooding, because there will be spots with over ten inches of rain. but what we know at this hour is the outer eye wall is hitting daytona beach. there s the eye. it doesn t really connect much here. big squall area there. this is the eye and the eye is now hitting the beach. that s 100 mile per hour wind, 100 mile per hour gusts into palm coast, st. augustine. those winds are going to be between 80 and 90 miles an hour as long as this eye stays onshore or just offshore. here s the difference. let me draw the coast. it s kind of hard to see. there s the coast of florida. this is the track of the storm. now, if florida would be like this, wo it would be crossing t coast and right onshore. so the angle of florida s coast is actually helping the amount of damage be slightly less as the coast moves away, the storm is trying to move away as well. here s the animation here. there is still going to be all of this water piling up in jacksonville. this is what we are worried ab ....
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