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and titans many charged with being woke, but the fact of the matter was, it was a bank that made the wrong bet on treasuries at the wrong time and bought tens of billions of those, the price of treasuries went down and flat-footed while people wanted their money. now it s in receivership and run by the federal deposit insurance corporation. it s a dramatic played out amidst talk there could be other problems out there. kelly o grady has more from los angeles. kelly. good morning to you, neil. yes, it s the second biggest banking collapse in u.s. history. the first major one since 2008 and it all happened in the span of 48 hours, what started this is svb found its self short on cash. the stock was plummeting. invests warned they might not be able to raise money and a bank run and loss of clients and simultaneously tried to withdraw fund. and the regulators have taken over it and insured depositors will gain access by monday. fallout could be dire. roughly 50% of ventur ....
A mix of newsmaker interviews, political analysis, cultural segments and media analysis. Could trumps own policies undermine the economic uptick. White house economic adviser larry kudlow will be here in moments. Healer in chief . Well talk to a potential dark horse 2020 candidate with a history of bringing people together. You elected me to do the right thing, not the easy thing. Former new orleans mayor Mitch Landrieu next. Hello, im jake tapper in washington where the state of our union is seemingly on two different tracks. There are now 100 days until the midterm elections and President Trump is dealing with two different realities, positive Economic News and also scandal and controversy including a messy public war with his former personal lawyer Michael Cohen. ....
Someone broke into the house or drunk driving, he would be there in a minute, unquote. Now the president s lawyer, Rudy Giuliani is out there calling Michael Cohen a liar. Do you think Michael Cohen is a liar . Well, listen, theres certainly been a breach in the relationship. So when i said that, i meant that because i had known michael for ten years, known the president for a very long time and my guess was that they were very loyal to each other. When your house gets raided and your apartment and hotel room gets raided and you get jarred by the fbi, maybe that has changed now. The leaking of the tape and i listened to the tape. I think the president is trying to make the point and mayor giuliani is making the point that it seems like the tape was cut off, that there was more e dialogue there and the president thinks it wa ....