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CNN CNN Primetime June 4, 2024 01:42:00

On tik tok. ladies, thank you very much. i think people are freaked out and they need to know if they should be freaked out about what and why or if all will be okay. let me get to your first question. this comes from ere lick, a computer systems engineer from iowa. let s listen. why does this bank and account holders get special treatment to be made fully whole when the rules are the accounts are only insured for $250,000? how does this inspire confidence in our system where if a smaller bank fails in the future, will they be given the same special treatment? lynette? well, poppy, eric raises a great question. it s one i raised as well on social media. i do think there s a little bit of moral hazard here. the short answer in terms of why this bank or these two banks actually, silicon valley and signature, get quote- unquote special treatment is ....

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CNN CNN Primetime June 4, 2024 05:42:00

welcome back. we have heard from so many of you today with questions about wall of this bank chaos means for money, and your family. i am joined now by the ceo of ask the money coach. more than 2 million followers on tiktok. ladies, thank you so much, we are so glad you are here. i think people are freaked out and they need to know if they should be freaked out about what and why, or if all will be okay. let me get to the first question. this one is for you, it comes from a computer systems engineer from iowa, we will listen. why is it that banks in account holders get special treatment to be made fully hole, when the rules are the accounts are only in short for $250,000? how does this inspire confidence in our system, where ....

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