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that s a saving grace for customers of silicon valley bank as much as $220 billion in assets were uninsured. it s a move to prevent a run on additional banks and makes it so the tech companies that banked with svb can make payroll. at least 29 were impacted including big names like pinterest, fit bit, zip recruiter who name a few. separately the same has been done for new york signature bank shut down over the weekend. treasury secretary janet yellen says this action does not equal bailing out the banks. during the financial crisis, there were investors and owners of systemic large banks that were bailed out and we re certainly not looking into the reforms that have been put in place means that we re not going to do that again. but, we are concerned about depositors and are focused on trying to meet their needs. ceo of pershing square bill ache man says he agrees it s not a bailout. a term come to be used he said this on twitter, quote: more banks will likely fail d ....
Opinion | Debating the Best Way to Fix Social Security nytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nytimes.com Daily Mail and Mail on Sunday newspapers.
lawrence: that s unbelievable. this was not a surprise. this was predictable. ainsley: there is talk in the senate about raising the age for social security to 70. where do you stand on this? it s bipartisan, i know. so, let s talk about social security. social security is a silicon valley bank of retirement systems. it is going broke. it s just a question of whether we let it bleed to death or do something right now. we need a credible plan. if a politician tells you that he doesn t want to fix social, that there is no problem. they are either too old or too rich to care. your benefits are going to be cut by 25% if we do nothing when it goes broke in nine years. so, you have got to have a credible plan. we don t know what the features of that necessarily will be. but you have got to have a credible plan and that s what we re talking about doing. brian: would you say raising the retirement age is something that you would subscribe to? i think that number one, raising the ....
Major social media and technology companies continue to make algorithmic, user interface, and policy changes to their products to address information integrity challenges on their platforms. ....
Raising payroll taxes is the wrong solution to Social Security'slong term financing problem, and it is not the way to achieveretirement security for Americans. ....