CNN CNN This Morning June 4, 2024 10:06:00
They were withdrawing their money because technology that, sector was in a down turn, right? instead of putting money into the bank, they were taking it out of the bank. the bank could not sustain it. come to the rescue, the united states government. fdic is going to ensure $250,000 in normal times and now so above that level everyone will be made whole. not stockholders of the bank, we should point out. but the people who have their deposits in that bank. also signature bank. this is the other -- the other shoe to drop this weekend. this is a bank that specializes in services for law firms. i...