Back here at home, the federal reserve is blaming yourself for a failure of oversight that contributed to the collapse of silicon valley bank last month. tonight, another bank, first republic, is teetering on the edge. here is abc s elizabeth - - tonight, seven weeks after the collapse of silicon valley bank sparked fears of a flawed financial crisis, the federal reserve is partly blaming yourself for the second-biggest bank failure in u.s. history. an internal review finding regulators failed to take forceful enough action to deal with growing risks as svp exploded in size and its the feds also blaming executive saying they failed to address 31 out any warnings by the time the bank collapse. this is a textbook case of month, it all came crashing down in just 48 hours as customers raced to pull their money out. all of her money is in the bank. i don t know how we will do our payroll.
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