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CNN The Situation Room With Wolf Blitzer July 6, 2024

never for busing white house photos were just made public showing then president obama and top officials as the historic mission to kill osama bin laden was playing. out the man behind the camera, former white house photographer, pete souza, he will join us this hour. welcome to our viewers here in united states and around the world. i m wolf blitzer. here in the situation room. tonight nearly two dozen ukrainians, men women and children, are dead. at least four children among the dead after a russian strike on a residential building. residents fearing that more bodies maybe found as crews continue to search the rubble from multiple missile attacks. cnn s dick paton walsh is on the ground for us in ukraine. nick, russia unleashing this new barrage just ahead unexpected ukrainian military counteroffensive. give us the latest. as is often the case, we simply don t know what russia thinks it was aiming at, if indeed it was too concerned about where it s missiles landed. ....

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CNN The Situation Room With Wolf Blitzer June 4, 2024 22:27:00

wolf, it s really not looking good for first republican. to be clear it has been a rough ride for the regional banks since about march when of course silicon valley bank, svb, collapsed. the shares have been on a free fall since then. stabilized a bit until this week when the company reported earnings and we saw a really stunning fall in dispositive. that exhilarated laws it deposits and it s been in free fall over since. the concern now is that initially was about to pass how many uninsured deposits first republic had on its books. that exchanged at one point was a significant amount of deposits, but then this week we company reported, thank reported, that only represents about 27% of its total deposits, but the concern than became for investors profitability. kim s bank still make money? and that s what you re seeing reflected in chairs as. we just saw, closing $3 to be clear, just a few months ago and ride shares were trading closer to $125 a share, so that ....

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Why is San Francisco's First Republic Bank in trouble? Why did the biggest US banks step in to save it?

After the Silicon Valley Bank debacle, First Republic came under scrutiny for uninsured deposits. Its shares fell, as it scrambled to reassure customers it can avoid the same fate. Now, 11 of the biggest US banks have announced a $30 billion rescue package to prop it up and stave off a bigger crisis ....

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