ARLINGTON, Va. (BUSINESS WIRE) The Quad Investors Network formally launched today in parallel with the Quad Leaders meeting in Hiroshima, Japan. The Network is an independent forum of public,
that the kind of incongruous merger of the two, nobody knows how that will work out and today in the markets we have been seeing the repercussions where first of all banking shares plummeted and since then they have been cut recovering and stock markets have generally been recovering as well. the other big question. been recovering as well. the other big question, and been recovering as well. the other big question, and the been recovering as well. the other big question, and the big - been recovering as well. the other big question, and the big worry - been recovering as well. the other big question, and the big worry for many people is what this impact may be onjobs. d0 many people is what this impact may be on “obs. ~ ., , , be on “obs. do we know this yet? in the be on jobs. do we know this yet? in the uk, 11,000 be on jobs. do we know this yet? in the uk, 11,000 people be on jobs. do we know this yet? in the uk, 11,000 people work- be on jobs. do we know this yet? in
or running from the back of th start to fall apart credit weeds been a long running over two years basically almost every major scandal that has been blowing up on wall street as involved credit sweets. this has been a badly run bank for a long time. and what triggered the lates thing was, yes silicon valle bank has stressed the system but the saudi backers who have been giving the money said, yo know what, we are not gonn give you any more money. and that happened this morning the bank fought stocks dropped and as you said, the central bank to seven today an basically rescue them. audience, be patient with me, we won t get too deep into the weeds. but what is 54 billion dollars going to actually do for them? because here is the case, in silicon valley bank they had the issue that all these depositors were pulling out, maybe at credit suites all they have got basically is the wealt management business an investment banking business is getting spun off, you have controlled by the ce
basically rescue them. audience, be patient with me, we won t get too deep into the weeds. but what is 54 billion dollars going to actually do for them? because here is the case, in silicon valley bank they had the issue that all these depositors were pulling out, maybe at credit suites all they have got basically is the wealt management business an investment banking business is getting spun off, you have controlled by the ceo said on the board of the company and advised this transition, like they have sol off another part of th business to apollo where are they going to make u this 54 billion? part of the restriction the
holy cat, you can buy another boat for 50 grand. sure. he just wanted the biggest and the best of what he could get, you know. before harvey dropped out, he d been in the investment banking business. had some old stock investments that finally paid off, he said, and so he plowed the money into the boat. along with what a still-working debbie was able to contribute. he says, don t worry, you know, so what if you have to work another year. he said that? yeah. yeah. what did you think? it s like, well, okay. work another year. but by the time i m in it. the boat s bought. he s already sunk so much money into it. so it s like, let s just get this done. can t walk away now.