millions of dollars to deal with illegal channel crossings. hello and welcome to bbc news. start in the us where regulators have shut down silicon valley bank, one of the major lenders to tech companies and start ups. in one of the largest banking failures in the us since the 2008 financial crisis. tech correspondent jane clinton has explained how it happened. but forjames. this is one of the days that will go down in silicon valley history and it certainly one of the most stressful days for silicon valley founders in modern times. we spoke to people today who have been able to withdraw their money from silicon valley bank and some haven t. one person put in a wire request yesterday and waited nearly 2a hours and eventually found out they got the money out but another person says they have tried and tried and tried and have not been able to withdraw any funds and say they physically came down to one of these branches to try and get these branches to try and get the money out.
the crop has an estimated street value of more than a million pounds. officers say the plants were being grown in twenty large rooms with almost every part of the bunker dedicated to what they described as the wholesale production of cannabis. six men have been arrested. jon kay reports. hidden in the wiltshire countryside, rghq chilmark, a huge underground bunker built to protect britain s leaders in a nuclear war. if we go in here, mind your head. this afternoon, police showed us the vast cannabis growing operation they uncovered here overnight. how would you describe what you have discovered here? a huge, massively professional setup, the biggest cannabis factory farm i have seen in 25 years of service. to find this in the heart of rural wiltshire is quite incredible. police found 20 large rooms filled with plants and equipped with specially installed equipment. every room has got this set up in it, the venting at the top to withdraw the fumes, take that outside, contain
Crash and they have been parallels but it s quite a different scenario? well, if ou different scenario? well, if you look different scenario? well, if you look at different scenario? well, if you look at the different scenario? well, if you look at the liquidity - you look at the liquidity problems that they had, part of thatis problems that they had, part of that is the ability to attract deposits cheaply and aggressively in a digitally oriented world and money moves fast these days, as can be seen by the problems that svp encountered when the vc started to talk about. eff: encountered when the vc started to talk about. . . to talk about. vc being venture to talk about. vc being venture capitalists, - to talk about. vc being venture capitalists, so i venture capitalists, so investors and companies? correct. investors and companies? correct, ., investors and companies? correct- investors and companies? correct. ., , correct. so you are saying they were worried? correct. so