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distorting the truth. it began with court documents revealing fox s tucker carlson was privately skeptical of election lies, contempt youts yous of the former president, texting someone saying i hate him passionately even as he indicated to viewers the opposite. a dominion voting systems lawsuit, carlson was on the air lying about january 6th. reporter: the crowd was enormous, a small percentage of them were hooligans, they committed vandalism. you ve seen their pictures again and again, but the overwhelming majority weren t. they were peaceful. they were orderly and meek. these were not insurrectionists. they were sight seers. that spectacle using cherry picked footage house speaker mccarthy released only to him was just the beginning. the former president claimed that city, state and federal prosecutors are practicing good old election interference, all caps, and then there was something else that happened that didn t get as much attention, but is important, it in ....
it began with court documents revealing fox s tucker carlson was privately skeptical of election lies, contemptuous of the former president, texting someone saying i hate him passionately even as he indicated to viewers the opposite. a dominion voting systems lawsuit, carlson was on the air lying about january 6th. reporter: the crowd was enormous, a small percentage of them were hooligans, they committed vandalism. you ve seen their pictures again and again, but the overwhelming majority weren t. they were peaceful. they were orderly and meek. these were not insurrectionists. they were sightseers. that spectacle using cherry-picked footage house speaker mccarthy released only to him was just the beginning. the former president claimed that city, state and federal prosecutors are practicing, quote, good old election interference, all caps, and then there was something else that happened that didn t get as much attention, but is important, it involves lies told by je ....
Of really unhappy people who are trying to figure out how they re going to make their payroll next week. it was a 48-hour collapse essentially, and so the context here, the biggest failure since the financial crisis, the second biggest in history, and this is a big part of the silicon valley economy. i mean, this is the bank for, you know, like life science companies and fintech startups, and all kinds of tech startups. so they really relied on this bank as their bank of record here, and it is closed. they cannot get access to their money. so you asked the question why? a couple of things here, they took on a lot of deposits in the pandemic, you know, billions of dollars of deposits in the pandemic, and then they invested those in safe securities, treasury securities, government-backed debt, and that was all safe and fine until there was a little bit of a slowdown in tech, and these startups were burning cash, and so they started withdrawing those deposits and not putting new deposits ....
Business correspondent christine romans. how large is silicon valley bank and why did it collapse? look, this happened so fast, the doors are locked tonight, anderson. there s an fdic notice on the front door, and there are a lot of really unhappy people who are trying to figure out how they re going to make their payroll next week. it was a 48-hour collapse essentially, and so the context here, the biggest failure since the financial crisis, the second biggest in history, and this is a big part of the silicon valley economy. i mean, this is the bank for, you know, like life science companies and fintech startups, and all kinds of tech startups. so they really relied on this bank as their bank of record here, and it is closed. they cannot get access to their money. so you asked the question why? a couple of things here, they took on a lot of deposits in the pandemic, you know, billions of dollars of deposits in the pandemic, and then they invested those in safe securities, ....
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