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CNN CNN Newsroom June 4, 2024 18:11:00

Small loss because they were uninsured creditors and instead uncle sam is going to make them whole. >> clearly you could argue that management had made bad decision. that having been said you saw investments in deposits go up double in size in two years at this bank, almost all of it 98% or so uninsured. was this an area where reg regulators could have stepped in sooner and prevented what were now seeing? >> its a massive failure of bank supervision. so during the financial crisis we had so many...
Uncle Sam Silicon Valley Bank It 98 Reg Regulators U S Bank Supervision

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