28 full minutes. Terrified cnbc viewers watched slack jawed as he ranted. Here is part of his performance. Hell is coming this was a feeling like ive never had. Like theres a tsunami coming, right . A tsunami is coming. You feel it in the air. The tide starts to roll out, ok . On the beach, people are playing and having fun like theres nothing going on. Thats the feeling ive had for the last two months, ok . And my colleagues at work, ok, thought i was a lunatic we need to shut it down now america will end as we know it, ok . Im sorry to say so, ok, unless we take this option. Bill ahman was afraid, and he wanted you to be afraid. He was especially frightened for the future of Hilton Hotels. Hilton hotels ahman proclaimed, is going to zero along with every other Hotel Company in the world. Every hotel is going to be shut down in the country. Every one talk about scary but in the end, not for bill ahman. Not long after that appearance, we learned that his firm had made more than 2 billi
Terrified cnbc viewers watched slack jawed as he ranted. Here is part of his performance. Hell is coming this was a feeling like ive never had. Like theres a tsunami coming, right . A tsunamias is coming. You feel it in the air. The tide starts to roll out, ok . On the beach, people are playing and having fun like theres nothing going on. Thats the feeling ive had for the last two months, ok . And my colleagues at work, ok, thought i was a lunatic we need to shut it down now america will end as we knowth i, ok . Im sorry to say so, ok, unless we take this option. Bill ackman was afraid, and he wanted you to be afraid. He was especially frightened for the future of Hilton Hotels. Hilton hotels ackman proclaimed, is going to zero along with every other Hotel Company in the world. Every hotel is going to be shut down in the country. Every one talk aboutng scary but in the end, not for bill ackman. Not long after that appearance, we learned that his firm had made more than 2t billion from
fargo, bank of america, jm morgan, morgan stanley lost $50 billion in market value in one day. that s a hit. on the other hand, those banks still exist. you can t say that for silicon valley bank. svb has gone under completely. that makes the second biggest bank failure in the history of this country. and the significant svb financed nearly half of all venture-backed healthcare companies in the united states. it held significant cash reserves for some of the biggest crip toe currencies. it s gone. federal regulators have rename it and taken it over. that means a lot of people lost a lotf of money. most of that money was not insured, no matter what they tell you. the fdic only guarantees bank deposits up to $250,000. nearly 90% of all deposits at svb exceeded that. and it s unclear if those people see their money again. in fact, when customers show up in svb s branch in manhattan to get the deposits back, managers called the police. so, what we have there is the 1929-style b
this deal ever really start? is was it ever really, well, real? did elon musk ever truly intend to buy out the company, and if he did, what happened? and now what happens? welcome, everyone, i m neil cavuto and happy weekend and not if you re a twitter shareholder on news that elon musk is quitting. the latest from kelly o grady out in los angeles on what went wrong. reporter: hey, neil. what a roller coaster, right? elon is claiming he has grounds to terminate the social platform because they failed to provide key information and that the company appears to have made misleading statements during their negotiations. now, this really all comes down to the number of spam bots on the platform. the reason bots are so important is musk has made no new attempts to grow the revenue, and that risks on act rests on active users. all indications suggest that several of twitter s public exposures are either false or materially misleading. it appears twitter is dramatically understat
deal to release grbrittney grin and paul whelan. jennifer, what can you tell us about this offer? that s right, we have learned that the biden administration is prepare to send victor boot, this convicted russian arms dealer back to russia as part of a deal to try to bringwhelan ho. boot is currently serving a 25 year prison sentence. secretary of state antony blinken publicly announced yesterday that the administration has offered a, quote, substantial proposal to moscow to try to get these two wrongfully detained americans back home. blinken did not go in to specifics about what was in the proposal, but he did say it has been on the table for weeks now and that it has the direct backing and sign jooff of joe biden. prisoner swaps do require the president to signoff. so this is a significant signal. prisoner swaps are generally quite controversial in the administration and other administrations have generally avoided using them because there is a fear that other government