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fargo, bank of america, jm morgan, morgan stanley lost $50 billion in market value in one day. that s a hit. on the other hand, those banks still exist. you can t say that for silicon valley bank. svb has gone under completely. that makes the second biggest bank failure in the history of this country. and the significant svb financed nearly half of all venture-backed healthcare companies in the united states. it held significant cash reserves for some of the biggest crip toe currencies. it s gone. federal regulators have rename it and taken it over. that means a lot of people lost a lotf of money. most of that money was not insured, no matter what they tell you. the fdic only guarantees bank deposits up to $250,000. nearly 90% of all deposits at svb exceeded that. and it s unclear if those people see their money again. in fact, when customers show up in svb s branch in manhattan to get the deposits back, managers called the police. so, what we have there is the 1929-s ....
School Board Makes Public Its Reasons for Expelling Josh Alexander Over Voicing Gender Views theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
Shock was the reaction from various arts players, especially in the local film industry, following the death of renowned actor Hope Chisanu Various film producers and players on Saturday said they were lost for words at the news. Expressing sorrow in his a eulogy, Charles Shemu Joyah, whose company worked with Chisanu on a number ....
Hearing Extended for Red Deer Catholic School Trustee Ousted Over Social Media Posts theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.