Greg McBride, Chief Financial Analyst at Bankrate, provides insight into the safety of bank deposits and questions clients should be asking after the collapse of Silicon Valley Bank and Signature. WATCH the live stream of ABC News here: https://www.youtube.com/watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC NEWS: https://bit.ly/2vZb6yP Watch more at http://abcnews.go. com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc #news #finance #siliconvalleybank #ABCNewsLive #SignatureBank #banking
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Worry about something else???
Bahahaha
Like what ? Giving Ukraine more $$$
LMAO
What a joke our MSM has become
Y’all voted for this. Your inflationary problem. Your interest rate. Your Federal Reserve. Your President.
Banking & Government corruption has the financial sector wreaked in the USA , Nixon in 1971 and his sinister agenda of taking the dollar off gold standard was the start of the financial pandemic and the rest of the so called free world leaders followed the example of an arseholes president and now look at the state of the world's economies , America is responsible for any chaos unleashed on the world because if they could eat money and oil they would , since they can not physically do that they steal all that and more from other countries under the veil of there lies and propaganda machine
Chase would be next
There will be more bank collapses coming. He didn't mention the rollback of Dodd-Frank Act, or spending over $100 billion on the proxy War
It's everyone's problem, here's why: You have $250,000, or $2500, in a failed bank. Your deposits are "insured", but when you read the fine print the bank only has to give you $1000, and the rest of the insured balance can be distributed to you in small payments to be decided later. In other words, you're still very screwed!
as always, global crises and problems stem from the u.s. and the world has to clean up the mess(es) by the trillions of dollars. the u.s. is the one that deserves sanctions and global oversight. this makes russia's economy/financial health looks peachy by comparison.
They told us the prediction for the 2023-24 economic outlook…1st bank falls then a second….NOTHING TO SEE HERE EVERYTHING IS GOOD AND ECONOMY IS GREAT YOU ILLITERATE AMERICANS!!!!! That's why you teach math not gender in school
Security comes from stopping imbecile republican deregulation
Biden planning to bail out billionaires instead of taxing them