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without power and commuters facing a travel nightmare. i think people thought that w winter was going to be done and over with and now we re getting hit. this is new england it is about time well, on the west, more catastrophic flooding in the forecast in the wake of weeks of unrelenting rain thousands now under evacuation orders, rescue teams already deployed to save people trapped in those deadly floodwaters. we re timing out both of these systems. and the gloves are off former president trump in iowa taking direct aim at his biggest competition for the gop ticket, florida governor ron desantis. ron was a disciple of paul ryan, who is a rino loser. how the crowd responded to that and why it may not be what the former president wanted to hear we re going to begin with the latest fallout from the collapse of silicon valley bank and the new inflation numbers out this morning. starting us off, jake ward in san francisco. our business and data reporter brian ....
Fistefist sophisticated hedge funds saw it, they took their money out. the previous largest bank run was $16 billion and took ten days this was money flowing out over a million dollars a second because they knew the bank was in trouble and that transparency was in the end what they could not escape it is very different than 2008 big management errors, there is an open question which the fed is trying to to address. this is an econ 101 mistake and it shouldn t have happened both on the supervision side and management side, the silicon valley bank is just a real management error. i want to talk on the supervision aspect in a moment we talked about this with jake, shares of u.s. regional banks nosedived yesterday. we saw san francisco-based first republic struggle. they have been able to meet withdrawal demands thanks to help from jpmorgan chase huh wo ....