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hello, everyone. collapse and recovery. the white house steps in after two banks collapse. at this hour, families are forced from their homes after a levee breaches and more rain on the way. and also, three women who have not been heard from in more than two weeks. and thank you for joining us, i m kate bolduan. the president is trying to reassure the american people and the financial markets to avoid a full blown financial crisis after the collapse of silicon valley bank. regulators are also abruptly shutting down a bank in new york, signature bank which is on the verge of collapse. that set off a fran ik 48 hours, and the president said this. look, the bottom line is this. americans can rest assured that the banking system is safe. the deposits are safe. much more to this. matt egan, what is next for the two banks? it is shock and awe response from washington, and officials are serious about putting this fire out before it spreads elsewhere. what are they doin ....
Management expressed the depth of the public problems before lining up private support, and this is what the anonymous employee told me that it was idiotic, and it is opposite of the scandal, but the transparency and the forth rightness did them in, because this is setting the stage for panic as customers of the bank yanked 42 billion however, jeff zalenstal put it to me this way, someone yelled fire and then lit the match. thank you. and now, we are hearing that there are going to be changes before this happens again. phil mattingly is working his sources at the whits house. do your sources believe that it is going to be enough to ....