loosened the rules, plus how the collapse is turning into another culture war. then, michael cohen testifie in front of a grand jury settling his - refusing to do what it could mean for prosecutors. running mates, turned politica rivals donald trump and mike pence go head to head over january 6th. the wind up to 2024 as the 11t hour gets underway, on thi monday night here we go good evening, once again, i stephanie ruhle. normally i start this progra giving you an overview of th most important stories of th day. but tonight, there s only on story. it is all about banking, money government, and politics it is exactly what we cove here every night joining me to dig into all o it, my nbc colleagues, jak ward, shannon petty. former wall street banke turned journalist, my friend bill cohen,. before we get into it, let s remind our audience of how w got there. silicon valley bank i, the preeminent bank in the valle for tech it s where all the start o stood their business in many c
the trump era banking law that loosened the rules, plus how the collapse is turning into another culture war. then, michael cohen testifie in front of a grand jury settling his - refusing to do what it could mean for prosecutors. running mates, turned politica rivals donald trump and mike pence go head to head over january 6th. the wind up to 2024 as the 11t hour gets underway, on thi monday night here we go good evening, once again, i stephanie ruhle. normally i start this progra giving you an overview of th most important stories of th day. but tonight, there s only on story. it is all about banking, money government, and politics it is exactly what we cove here every night joining me to dig into all o it, my nbc colleagues, jak ward, shannon petty. former wall street banke turned journalist, my friend bill cohen,. before we get into it, let s remind our audience of how w got there. silicon valley bank i, the preeminent bank in the valle for tech it s where all the start o
started off the ground, how to deal with competition, all o the things that are start-up founder has to worry about instead, i had multiple ceo sa to me, now i have to worry about where my money goes. i thought it was safe in this rated institution. turns out, that s not the case that seems to be the lesson fo a lot of these people. here s the thing, jake. it s not just your mom and pop teeny tiny start-ups tha didn t have a chance with an other bank silicon valley bank it s a preeminent bank for tech hipsters for veasey big wakes so bill, it s also a tough pil to swallow, to think about wha we saw on the internet for the last week. right, all of these silico valley relive her therrien s hedge fund manager suddenl saying, the government needs t step in here it s not just rescuing the teeny tiny there s a lot of big sophisticated people getting rescued. just like during covid there were tons of hardworking companies that needed to b rescued. but those hardworking companie were owned b
and so in talking to those ceos, with them discovering that suddenly they don t just hav to worry about how to get it started off the ground, how to deal with competition, all o the things that are start-up founder has to worry about instead, i had multiple ceo sa to me, now i have to worry about where my money goes. i thought it was safe in this rated institution. turns out, that s not the case that seems to be the lesson fo a lot of these people. here s the thing, jake. it s not just your mom and pop teeny tiny start-ups tha didn t have a chance with an other bank silicon valley bank it s a preeminent bank for tech hipsters for veasey big wakes so bill, it s also a tough pil to swallow, to think about wha we saw on the internet for the last week. right, all of these silico valley relive her therrien s hedge fund manager suddenl saying, the government needs t step in here it s not just rescuing the teeny tiny there s a lot of big sophisticated people getting rescued.