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March 15, 2023
Here, not necessarily informed by economics and finance but b politics we will see how far goes one thing you know you dont want to have is the b word bailout is a seven letter word in washington, and its on word you wont hear biden us and you will hear republican pointing it at him all the tim saying - >> all right, but lets talk about that, david. because technically, this is not a bailout, right a bailout is like -- a hurricane comes in the government shows up and rebuil everybodys house. at ...
March 12, 2023
For a lot of these employers that is when they normally mak payroll. they are worried that if the arent able to pay, because th money is at silicon valley ban and it remains closed, the could be liable unde california law - including personally liable fo the people on the boards o directors. this is a good lot aim t curbing corporate abuse an making sure that workers a pai properly for the work they perform. ive been in touch with th governors office and they hav been working and they have som i...
March 12, 2023
They had capital, a big loss everybody panicked. and that was the end of it. >> another part of thi equation is who the customer of this particular bank were it didnt look like any bank - so the coon valley bank had high number of start-up client but our markets going to vie silicon valley bank as jus representative of silico valley overall? what do you se as the wider impact here >> well, hopefully the wider impact is limited by the fac that it has now been taken over, and my assessment is prob...
March 12, 2023
Why they had all of these bond to start raising interest rates, but they had capital, a bi loss, everybody panicked and that was the end of it >> another part of thi equation is who the customer of this particular bank were it didnt look like any bank - silicon valley bank, how hig number of start of clients but our markets going to view silicon valley bank as jus representative of silico valley overall what do you see as the wider impact here? >> well, hopefully the wider impact is limited by t...