Page 46 - Drilling News Today

hello and welcome to "inside politics." im john king in washington. thank you for sharing your very busy news day with us. call it a biden racy can you. the federal government swoops in to pay back depositors after a bank goes under. he promises 2023 will not look like 2008. >> the bottom line is this. americans can rest assured our banking system is safe, our deposits are safe. plus mike pence says president trump was reckless on january 6th. a big question now, whether pence repeat...

jake. it is unfounded. for several reasons. firstly, the banking sector overall is much better capitalized than it was in 2008. there have been huge changes. a full-scale banking meltdown crisis, is it possible? maybe. is it likely? absolutely not, so the experts say. i was talking to one such expert here in israel where i am. the tech sector which has been so badly hit by all of this. i spoke to the venture capitalist of the viola group. he said its not a system at risk, but when it c...

reaction so far is a case is weak and english press. and on the campaign show lawmakers do. is a political prosecution. in a house because of either those are unlawful. correction considers both parties consider built a manchin. plessis from: walter porter. classes targeting other older students to have done more american space bar sibling to keep doing it because end of the day of assistance applies nights later stage. dont make headlines in washington palafox fives primary campaign c...

you for what youre doing and god you for what youre doing and god you all. presidentjoe biden with a pretty defiant speech stressing the united states and nato allies, support for ukraine will not waiver speaking of course in the run—up to the first anniversary of russias full—scale invasion of ukraine. he has been in warsaw and a cheering crowd there that as he put it, president putin lust for power and land would fail. he painted the struggle as a generational one for freedom he ...

well today, ashleigh. good morning, you know, over the weekend, the government also shut down new york signature bank, so this action will apply to those customers as well. even uninsured depositors have been given the guarantee that their money will be returned in a joint statement by the treasury. federal reserve at f d. i c reads quote, depositors will have access to all of their money starting monday, march 13th no losses associated with the resolution of silicon valley bank will b...

time, they are going to ensure all deposits, even those over $250,000 limit. investors will have insulation of the federal government, that is problematic. >> todd: alexandria hoff will break it down. >> regulators have waved the limit for depositors and know did the same for signature bank, which was shut down over the weekend. silicon bank, many assets were uninsured, it will prevent a run on banks and companies that bank with svb can make payroll. pinterest and zip recruiter, just t...

later more shocking video from the breakdown of law and order in americas major cities, its happening everywhere, every place, every day. take a look. >> sean: as mr. rogers used to say just a regular day in the neighborhood. not really. this has to end. youre not going to believe how bad these far left hell holes have become. it is getting worse every day and well have more in a moment but first for many today represents one of the worst days of the year. it is the official deadline t...

expected to defend the banking system after his government scrambled to prepare emergency measures to bail out silicon valley bank customers. here comes the president coming up to the podium. >> president biden: before i leave for california, i want to briefly speak about what is happening in silicon valley bank and signature bank. today thanks fought quick action of my administration america will have confidence that the banking system is safe. your deposits will be there when you nee...

---what happened friday when silicon valley bank fell. svb, a top choice for tech start-ups, with more than $2 hundred billion in assets at the time. that makes it the second largest bank failure in american history behind the washington mutual meltdown in 2008. we had a great recession then. the president now keeps saying were not headed for a recession. a host of companies affected include household names like etsy and fit bit. all deposits at the failed bank will be available today....

crisis that weve seen this kind of stunning bank collapse. thats why when president biden before the market came on the airwaves and told the nation that the government would be stepping in. watch. >> no losses -- this is important important. no losses will be borne by the taxpayers. let me repeat that. no losses will be borne by the taxpayers. instead, the money will come from the fees that banks pay in to the deposit insurance fund. >> martha: is that accurate? lets bring in david as...