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MSNBC Katy Tur Reports June 4, 2024 19:26:00

Going to back them up. >> 100%. >> but theyre only backing up the depositors so does it deinsenty vise taking the risk >> no. >> theyre all of our jobs. >> before they lost their jobs today they made millions and millions now the government said im going to be a permanent backstop banks could say im going to keep rolling the dice -- >> but bonuses are going to get clawed back, right >> right or the government claws back the bonuses, people lose their jobs, theres stricter consequences and then m...
Deinsenty Vise Average American Size Bank

MSNBC Andrea Mitchell Reports June 4, 2024 16:09:00

As a result, it cut off money making opportunities saying that this was a peculiar set, a very 22nd century set of circumstances. the kind of bank it was, not to mention the social media panic set off. but now, they worry about this question of whether we have anything that protects us against this in the future and whether we might see something like this again when the wrong set of factors come together >> thanks so much. and joining us now from california is congressman and democratic senate ...
Money Making Social Media Congressman Schiff Stock Trades

FOXNEWS Jesse Watters Primetime June 4, 2024 23:06:00

On top of all of that. >> jesse: biden claims its not a bailout. and no taxpayer money is being used. but he is also the guy that lies all the time. he says $3.5 trillion spending bill cost nothing, remember and the border is secure. how about that? so, whatever bankers want, bankers get. thats the hills industry of america. look at greg baker, the ceo of silicon valley right before his bank went under he sold $3.6 million in stock. on friday showered his employees on bonuses. way go, guys. keep...
Biden Can T Let Taxpayer Money Spending Bill 3 5 Trillion 5 Trillion Green Bank

FOXNEWS Jesse Watters Primetime June 4, 2024 23:09:00

Bonuses, they dump the stocks, everybody gets bailed out. no one goes to prison. they tell us everything is fine. they redefine the word bailout and tell you its the greatest economy in american history. just ignore the bank failures and record inflation. i dont know about you. im not feeling too comfort being right now, are you? lets bring in kentucky congressman thomas massie. what is really going on here? >> well, lets dont down play the federal reserves role in this. they started out as sant...
No One Everything Is Fine Bank Failures American History Let S Don T Thomas Massie

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CNN State of the Union With Jake Tapper and Dana Bash June 4, 2024 13:23:00

Thats something that everyone is waiting to see what happens when markets open tomorrow morning. as a member of congress, do you think they should get bailed out by the federal government? >> its still very early to see -- or say what the ramifications are going to be. that was a unique bank that mostly served startups in silicon valley. those customers have been hit by inflation. they have been hit by interest rates. they are low on cash. there was also a panic run by some of the larger compani...
Interest Rates Panic Run Silicon Valley

CNN State of the Union With Jake Tapper and Dana Bash June 4, 2024 16:22:00

Federal government? >> its still very early to see or say what the ram if iificati are going to be and those were start-ups in silicon valley and mostly those customers have been hit by inflation and theyve been hit on interest rates and low on cash and there was a panic run by some of their larger companies last week, and the ceo sold himself millions of dollars of stock and gave his employees bonuses right before the government took over the bank. we cannot keep bailing out private companies b...
Start Ups Silicon Valley Silicon Valley Bank Interest Rates Panic Run Nikki Haley

FOXNEWS The Big Saturday Show June 4, 2024 22:59:00

Put that aside, this is a culture problem you dont take away a school that marines strive to go to and learn from. >> all right. im up next my flop is this frontier airlines is giving their employees a $10 bonus every time they charge passengers oversized baggage fee when they check in even if their bag is not too big. frontier employee confirm bonuses after an angry flyer took to social media and complained about charges. frontier says extra cash is going to be used as incentive to help ensure ...
Frontier Airlines Culture Problem Social Media Baggage Fee Frontier Employee Confirm End Bonuses

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