The Silicon Valley Bank, one of the tech sector’s biggest lenders, has been shut down by California regulators. NBC’s Brian Cheung reports on what caused the collapse that led investors to dump other bank stocks.
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#SiliconValleyBank #SVB #Banking
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Thank you Biden and NBC for the great news. Now I'm convinced that Biden is the greatest president ever and the American economy will be even greater, thank you.
Dig deeper folks, bailout coming.
Fried going to prison now tech bank collapses,Bitcoin bubble bursting countries like Russia can make up their own net currency as easily as Bitcoin was imagined
Taiwanese dignitary bought the band with she red neck husband.
Keep telling yourself that Biden is doing a great job. You guys are obviously full of crap!!!!!!😂
Where?????????????¿???
by regulators? is this is American freedom?
So you got to ask yourself where is the economy going and who's telling the truth about it government tells you it's fine but banks not letting people take out their cash should concern everyone!!!!!!!!!! Yikes WTF is going on?????
Regulators MOUNT UP!!!
I still haven’t got my pay check!!! 🤬
I wonder how many of those jobs were taken by children being forced to work in meat processing facilities or other dangerous jobs by Republican backing owner donors.
What's going on now
Remember……if the FEDS raise interest it blows up the banks…if they lower it they destroy the dollar and the global economy….OOPS!!!
I'm done sitting tight for the award advance since i acquire $23,000 every 12 days of my investment..
i put half my money with the bank. and half my money with my mom. I don't lose everything if either one of them fks up.
i wanted to hear the story about SVB, not some old bumbling dotard lying to the American public
Well MSDNC’s Jim Cramer was wrong again about buying SVB shares…Has Cramer ever been right!🤪
Is this the tip of an Iceberg!
Happy Capitalism you jokers 😂😂
This shows the Bible end times prophecies are coming true and being fulfilled just like the other 2000 past prophecies.
💥📉🤣
Half of this clip: look how great the economy is. The other half was the story you clicked for and may have passed up if you saw it was only a 60 second spot.
No real meat to this.
Ahhh from bad to worse…..Thanks sleepy FacKinG Joe🤣🤣🤣🤣😂😂😂
2nd largest bank to ever fail in history. Nothing to see here.
Jobs where mf? Jobs lost in february sounds better! Mannnnnn yall can't fool the people anymore, they on to you! Everything is up except your income!
Add 311k minimum wage jobs. Lost 500k high-pay tech jobs.
IQ45: Biden stole my job numbers!!!
Lol. Cheaters like in my opinion Wells Fargo!
And nobody will go to jail. The tax payer will pay them their bonus and that double standard Is how trump got into office.
I'm sure Powell's thrilled. What's next?
The collapse is coming for America
This is far bigger news than this 60 second news clip covers. Companies are unable to make payroll, $200B in assets basically wiped out in the past 24-48 hours. SVB is a significant player in the tech industry and it's going to be telling over the next week or so what happens to our economy. This trouble will be felt far outside of Silicon Valley.
Get Your Money Out Now!!
what that says to me is that fractional reserve banking is like a house of cards stacked on a dog turd foundation. How is it not something like a ponzy scheme but with horrible rates of return and a gov insurance to back it up?
No bailout?? Swell!
Yes when people are working two and three Jobs to survive. This js just something to make us think we should vote for him. People are suffering! Joe Biden you took the extra food stamps!
When any bank fails, it is because the clowns at the top set their salaries so high it crippled the institution. First question from regulators should be how many low paid tellers were let go in the last year?
not even the right information! No mention of Peter Thiel!
Another failure under dementia Joe
Move to Miami and only the hurricanes 🌀 can shut you down
Those new jobs are being worked by those who are already employed!
That “Dignity” is having to work an additional job to avoid taking a handout. Thanks Mr. President.
Lies lies lies