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All In With Chris Hayes

>> senator, i promise to cooperate with the regulators. >> are you planning to return a single nickel? to what you cost the fund? >> senator, i know there will be a process review of compensations. >> i'll take ten doesn't know. >> i take that as i know as well. do you think that money should be given back? >> you bet i think that money should be clyde back, and here's the good news. i'm not the only one. we've got a bunch of democrats and a bunch of republicans who think that money should be clawed back. we have introduced, we are introducing a clot back bill it will basically say to these corporate executives, they when you load a bank up with risk and then give yourself these gargantuan bonuses, stock options, and then the bank blows up, you don't get to keep that money. the only way that we're going to get them off of this idea

Elizabeth-warren , Compensations , Fund , Regulators , Process-review , Nickel , Fdic , One , Offer-me-money , Back , Republican , Bunch

All In With Chris Hayes

corporate executives, they when you load a bank up with risk and then give yourself these gargantuan bonuses, stock options, and then the bank blows up, you don't get to keep that money. the only way that we're going to get them off of this idea that the cool thing to do in banking is to take a lot of risk and pay yourself a lot of money, is to say that when you blow up the banks, you're going to lose that money. you've got a bipartisan bill, introducing it in just the next couple of days. we're going to put the finishing touches on it. i want to get it through the banking committee, all ask for a markup on it and take it to the floor of the senate to get a vote. >> it's one of the biggest bank failures in american history. i think they're probably you should not work away with 40 million. elizabeth warren, thank you very much. >> thank you. >> coming up, elon musk sinks even deeper down the right wing rabbit hole. defending himself in a new interview with cnbc.

Offer-me-money , Risk , Bank , Bank-up , Stock-options , Executives , Bonuses , Lot , It , Thing , Idea , Banks

Americas Newsroom

of silicon valley bank, that was not the fed fault, not regulatory issue, it was plain straight idiot management underneath incompetent board. i hate to put it that way, those are the facts. you can't protect yourself against idiot management, there is always a black swan and you found it in silicon valley bank. this morning with the new policy, i don't care what bank we're talking about anymore, you as a depositor have no risk whatsoever. so what stops the idiot bank manager going forward from doing anything they want within the regulatory environment taking as much risk as possible to get the stock price of that bank up, that is how they are compensated, this will create perverse acts by bank managers and crazy behaviors. in the end, it is not a

Way , Fed , Idiot-management , Issue , Silicon-valley-bank , Fault , Board , In-the-valley , Care , Bank , Black-swan , Facts

Special Report With Bret Baier

sort of my work, and neil gorsuch, those are four names that you don't here in the same stenches, and this is what he wrote in his dissent, the current border crisis is not a covid crisis and court should not be in the business of perpetuating administrated edicts designed for one emergency only because elective officials have failed to address a different emergency. we are a court of law, not policy makers of last resort, does that given the bank up of who signed onto that where it is headed in a few months? >> it is a really interesting makeup given that you have a divide between liberal justice and conservative justice. i think we have to hear the whole case and find out. but this is why it is so important that congress does its job. it has to prioritize having a country with borders and caring about national sovereignty, this national sovereignty, and then it needs to actually do the hard work of making it happen. it has been deferring so many of its responsibility is to the executive branch, to the ministry to state, both

Court , Crisis , Work , Border-crisis , Dissent , Neil-gorsuch , Business , Covid , Stenches , Names , Four , Law

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