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March 14, 2023
Apple is also keeping a closer eye on travel spending and office attendance amid its belt-tightening, Bloomberg reports.
March 14, 2023
S.e.c. and among the questions, did any high ranking bank employees know this was coming, and did that take advantage of that information? and right here tonight, the video of one of the banks ceos, and what he asked employees to do as all of this was unfolding. heres pierre thomas again tonight. >> reporter: tonight, just days after the collapse of silicon valley bank sparked fears of a wider banking crisis, the justice department and the s.e.c. launching separate investigations. >> silicon val...
March 14, 2023
Most Americans alive today remember the "Great Recession" of 2007-08 and know just how close the country came to total economic collapse, thanks to bad banking business practices. In [...]
March 14, 2023
And thats the maority of these buildin . s. . and thats the maority of these buildinus. . .., ., and thats the maority of these buildinus. . ., ., , buildings. including cardinal lofts in i swich buildings. including cardinal lofts in ipswich where _ buildings. including cardinal lofts in ipswich where they _ buildings. including cardinal lofts in ipswich where they know - buildings. including cardinal lofts in ipswich where they know only | buildings. including cardinal lofts i in ipswich where...
March 13, 2023
The goal after all is to weather the short-term crisis – not create additional liability because of lax documentation. These proactive and liability-avoidance suggestions are starting points. They may also provide a good framework for navigating similar situations.
March 13, 2023
Bank, their business and personal life can be affected. >> ainsley: you wake up and say, that is not my thing. my money is safe. then you find out your story is like yours a trickle-down effect. thank you, alex. >> thank you for having me. >> brian: hopefully things work out for people like that trying to run a business. >> ainsley: thankfully, alex found the money to pay his employees. what would happen if it was a small business? he has a thousand employees. >> brian: silicon valley bank has r...
March 13, 2023
Toss woke out the door. thats crazy town. >> you better believe it. you are exactly right that about $5 billion of investor and depositors money went into the green energy programs that have no return. we know that these esg funds over the last couple of years have severely under performed the markets. why is this important in a broader context? you are probably following this story, harris, but biden now wants to basically require a lot of banks and investment companies to do esg investing and ...
March 13, 2023
I was reading recently how people are pulling out of -- you put $5 thousand on a house and think you want to buy it. they are willing to let the money burn to walk away from the deal for the $3 hundred thousand house now. they dont want to be on the hook. that affects banks. you arent taking out loans and parking your money with this bank. how about this part? >> thats a great point. you were exactly right about that. thats separate from this particular crisis, which is the rising interest rates...
March 13, 2023
Limit their exposure to this is this something youre looking into and what about correcting the changes in dodd frank that took place during the trump years? >> it is something im looking into and in fact, i plan to introduce legislation to claw back those earnings from these delayed bonuses. from stock trades that were beneficial in the run up to this run on the bank. i think we have as the decision that proceeded this one indicates, it my view, a failure of oversight as well as a failure of th...
March 13, 2023
I dont think this spreads. they had 57% invested for themselves and not for those who put money in the bank. it should have been 24% of 57%. the ceo sold 3.5-million dollars in stock days before the collapse of his bank. great timeing. >> and all. bonuses given out. cheryl you mentioned the companies who banked with silicone valley banks. these are companies that today are looking at how much do we have? the american people not on the hook for this? that means the pot of money will be smaller. >...