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CNN CNN Newsroom June 4, 2024 17:14:00 - Vimarsana News

CNN CNN Newsroom June 4, 2024 17:14:00

Across the board here. pac west, western alliance, all of them in the red. first republic, a very significant decline. this is really the market saying to washington, this is not enough. what's been done so far is not enough. more is going to have to be done. and what is interesting, too, is let's look at the big banks, the ones that came to the rescue are also in the red today. bank of america, citigroup, jpmorgan, wells fargo. looking at the broader markets, we see still down off the lows, though the nasdaq is only down by 0.6%, but, still, the relief rallied from yesterday has proved to be ...

CNN Inside Politics With John King June 4, 2024 16:05:00 - Vimarsana News

CNN Inside Politics With John King June 4, 2024 16:05:00

Meeting. we'll see if anything changes. grateful for the reporting. let's continue the conversation. with me to share insights is dena of "the new york times." you just heard christine romans going through this wow of bringing jeremy dimon in with the fed chair and getting the other banks to sign on. if you look at the past few weeks, $153 billion borrow ed from the discount window. $12 wl from this emergency lending facilities. that's not normal. that's not normal. the question is when you look at numbers like that, meetings like this, how do you put this crisis into context? >> this crisis i...

Fed Balance Sheet Explodes By $300BN As Bank Bailouts Lead To Record Discount Window Surge - Vimarsana News

Fed Balance Sheet Explodes By $300BN As Bank Bailouts Lead To Record Discount Window Surge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

US marshalling 'material action' to stem SVB fallout -sources - Vimarsana News

US marshalling 'material action' to stem SVB fallout -sources

By Andrea Shalal, Sarah N. Lynch and Lananh Nguyen NEW YORK (Reuters) - U.S. authorities were preparing "material action" on Sunday to shore up deposits in Silicon Valley Bank (SVB) and try to stem any

Source: oann.com
MSNBC American Voices With Alicia Menendez June 4, 2024 03:36:00 - Vimarsana News

MSNBC American Voices With Alicia Menendez June 4, 2024 03:36:00

Open so if they need cash they ca get the cash from a discount window the terms are good and they also are using a 25 billion dollar pool of money from a treasury fund that is normally for foreign exchang stabilization. operations to fund this long program that the fed has. so these are all really bi steps. and what the message in th steps are is, there was panic. we think it was a really big deal and these are, this is what we are taken to draw a line and say no more. everything is, everybody shoul keep their money in their bank because. the banks now have access to the cash they need kind of...