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March 14, 2023
Security vendor Forescout’s Vedere Labs has published details of a recent ransomware campaign targeting VMware ESXi hypervisors. According to the comp...
March 14, 2023
Against these changes. i wish i had been wrong. but on friday, silicon valle bank executives were bus paying out congratulator bonuses hours before the fdi rushed in to take over there failing institution, leaving countless businesses and nonprofit -- with accounts of that bank alarmed they would be able t pay their bills and employees. at congress on the federal reserve not rollback the stricter oversight, svb it wouldve been subjected to stronger or comets to withstan financial shocks they wou...
March 14, 2023
Assertion that banks werent actually big. they didnt need strong oversight. she says, i fought against these changes. i wish i had been wrong, but on friday, silicon valley bank executives were busy paying out congratulatory bonuses hours before the fdic rushed in to take over their failing institution and leaving countless businesses and nonprofits alarmed that they wouldnt be able to pay bills and employees. had congress and federal reserve not rolled back the strict oversight, svb would have ...
March 14, 2023
To this fund, give them their treasuries and get back at face value a loan thats just injecting cash into that bank and the b word might come up. i think it is worth keeping an eye on that part of this response >> doug, when it comes to supervision and regulation, we know some lawmakers have come out and attacked 2018 law that rolled back the banking regulations. we saw an op-ed that said they would have if this hadnt been passed subject to stronger requirements, would have there to expose their...
March 14, 2023
I think thejudge has been really fair in taking into account her age and vulnerabilities, and you know, for her to be able to move on and find a life as well. shes really young. the judge today said we may never know what motivated eleanor wilson to lie the way she did, but the impact of her deception could be far—reaching. garnet with that report. turkish engineers who are already on the ground has provided them with inferior building materials. the team will produce a report in a matter of w...
March 14, 2023
Of sexual abuse. the harm of this offending extends to an undermining of public confidence in the criminaljustice system. we are aware that sex trafficking of young females does occur. there is a risk that genuine victims will, as a result of this defendants actions, feel deterred from reporting it. people may be less likely to believe their allegations. cumbria police say they are used to people telling lies as part of their investigations, but not this extreme. the judge says hes taken into ac...
March 13, 2023
Insulated bank. a big bank, nonetheless. sort of focusing on a specific sector of the economy. very important part of the economy. but a secular insulated part of the economy. i think the reason why the fed stepped up as quickly as they did is to prevent the risk to people like everyone watching at home. right? to protect other regional banks. so that we have confidence in the banking system and thats why we saw the type of response we did. >> i dont know, justin. i mean, you point first they we...
March 13, 2023
Briefed by the treasury department over the weekend they were in the loop about this. we know republican house speaker kevin mccarthy and democrat senate majority leader chuck schumer both expressed some concerns about any sort of systemic failures within the economy. if you talk to liberals, people like senator elizabeth warren, who had an op-ed today in "the new york times" they really opponent back to a 2018 vote in which a bipartisan group of lawmakers voted to overturn some federal banking ...
March 13, 2023
Dodd/frank or whatever, and we know theres questions about whether that was rolled back and what role that plays in the trump administration. but is this a regulatory issue? >> i think we still dont know if tirely for sure. we do know after the 2008 financial crisis dodd/frank was put in place in part to try to prevent these kind of future bailouts, to try to prevent the risk taking that would lead to a failure that would require a bailout. but for the most part its the really big financial inst...
March 12, 2023
Fdic insurance, sorry to prolong, it only insured up to $250,000 and theres enough coverage to give all the depositors 502075% of their money immediately. joey: as long as two or three or four other banks havent made the same mistake and predict it quickly and can you predict theres other bank withs the same vulnerability? >> theres not with the same vulnerabilities and people look at the same issues and this is what happen when is theres a run on the bank and doesnt happen that spawn last one i...