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the doj is putting a magnifyin glass to the bank s leadership as democrats tried to take steps to prevent it from happening again. then, a russian fighter je harasses and collides with a u.s. drone as we get new reporting about planned wa crimes cases and a dangerous new drug ravaging american streets what do you need to know from doctor on the frontlines, as the 11th hour gets underway on this tuesday night good evening once again, i m stephanie ruhle. the feds are now scrutinizin the nation s second bigges bank failure nbc news has confirmed the justice department and the securities and exchang commission are investigating the meltdown at silicon valley bank two sources tell nbc the doj s inquiry is its early stages an part of it will focus on whether bank executives sold any stop prior to the collapse so far, is a.b. is not commenting as for claw backs, as senior administration official says the fdic has legal grounds t act in certain cases but som officials also ....
glass to the bank s leadership as democrats tried to take steps to prevent it from happening again. then, a russian fighter je harasses and collides with a u s. drone as we get new reporting about planned wa crimes cases and a dangerous new drug ravaging american streets what you need to know from a doctor on the frontlines, as the 11th hour gets underway on this tuesday night good evening once again, i m stephanie ruhle. the feds are now scrutinizin the nation s second bigges bank failure nbc news has confirmed the justice department and the securities and exchang commission are investigating the meltdown at silicon valley bank two sources tell nbc the doj s inquiry is its early stages an part of it will focus on whether bank executives sold any stop prior to the collapse so far, svb is not commenting. as for claw backs, as senior administration official says the fdic has legal grounds t act in certain cases but som officials also say to stay tuned on that matter, an ....
I m not really sure where th liability actually lies. certainly, this is a pattern though, that we have seen, and stephanie ruhle, you and i hav been covering this going bac years now. clearly, there s been a patter there with the advisers of these banks whether it s goldman sachs, or kpmg, whic was the auditor of both silico valley bank or signature bank, the bank that fell last weekend, and there is a lot of scrutiny that should be paid to these advisers that they re supposed to be responsible for not only that seeing these bank financials but also testing to them and trying to work fo them as they interact with outside investors outsid customers. and there is no question tha the public statements and th public filings that silico valley bank was making in th days and weeks leading up to their failure last week painte a very rosy picture, not jus of the economy and the silicon valley ecosystem in general bu of the bank s finances i particular and i think it s very likely that that ....
Certainly, this is a pattern though, that we have seen, and stephanie ruhle, you and i hav been covering this going bac 15 years now clearly, there s been a patter there with the advisers to these banks, whether it goldman sachs, or othe accounting firms, or kpmg, which was the auditor of bot silicon valley bank or signature bank, the bank tha failed last weekend, and there is a lot of scrutiny tha should be paid to thes advisories that are supposed t be responsible for not onl that seeing these bank financials but also a testin to them and trying to work for them as they interact with outside investors and outsid customers. and there is no question tha the public statements and th public filings that silico valley bank was making in th days and weeks leading up to their failure last week painte a very rosy picture, not jus of the economy and the silicon valley ecosystem in general bu of the bank s finances i particular and i think it s very likely that that is the thing tha regulator ....